German American Bancorp (GABC) 10-Q 9 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 02, 2023
Cover [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 31, 2023
Entity File Number	001-15877
Entity Registrant Name	German American Bancorp, Inc.
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	35-1547518
Entity Address, Address Line One	711 Main Street
Entity Address, City or Town	Jasper
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	47546
City Area Code	812
Local Phone Number	482-1314
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	GABC
Security Exchange Name	NASDAQ
Entity Common Stock. Shares Outstanding		29,573,242
Document Quarterly Report	true
Document Transition Report	false
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000714395
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and Due from Banks	$ 70,506	$ 77,174
Federal Funds Sold and Other Short-term Investments	9,789	41,905
Cash and Cash Equivalents	80,295	119,079
Interest-bearing Time Deposits with Banks	500	500
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,961,667 for March 31, 2023; Amortized Cost $2,094,826 for December 31, 2022; No Allowance for Credit Losses)	1,670,256	1,761,669
Other Investments	353	353
Loans Held-for-Sale, at Fair Value	6,011	8,600
Loans	3,772,866	3,788,645
Less: Unearned Income	(3,994)	(3,711)
Allowance for Credit Losses	(44,315)	(44,168)
Loans, Net	3,724,557	3,740,766
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost	14,957	15,037
Premises, Furniture and Equipment, Net	112,225	112,237
Other Real Estate	0	0
Goodwill	180,357	180,357
Intangible Assets	8,572	9,426
Company Owned Life Insurance	84,471	83,998
Accrued Interest Receivable and Other Assets	114,365	123,969
TOTAL ASSETS	5,996,919	6,155,991
LIABILITIES
Non-interest-bearing Demand Deposits	1,601,206	1,691,804
Interest-bearing Demand, Savings, and Money Market Accounts	3,039,393	3,229,778
Time Deposits	514,296	428,469
Total Deposits	5,154,895	5,350,051
FHLB Advances and Other Borrowings	191,052	203,806
Accrued Interest Payable and Other Liabilities	45,641	43,741
TOTAL LIABILITIES	5,391,588	5,597,598
SHAREHOLDERS’ EQUITY
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized	29,573	29,493
Additional Paid-in Capital	387,630	387,171
Retained Earnings	418,620	405,167
Accumulated Other Comprehensive Income (Loss)	(230,492)	(263,438)
TOTAL SHAREHOLDERS’ EQUITY	605,331	558,393
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 5,996,919	$ 6,155,991
End of period shares issued (in shares)	29,573,439	29,493,193
End of period shares outstanding (in shares)	29,573,439	29,493,193

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Securities, Available-for-Sale, at Fair Value, Amortized Cost	$ 1,961,667,000	$ 2,094,826,000
Securities, Available-for-Sale, at Fair Value, Allowance for Credit Losses	$ 0	$ 0
Common stock, stated value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	45,000,000	45,000,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
INTEREST INCOME
Interest and Fees on Loans	$ 49,061	$ 38,935
Interest on Federal Funds Sold and Other Short-term Investments	345	280
Interest and Dividends on Securities:
Taxable	5,396	4,520
Non-taxable	5,687	5,540
TOTAL INTEREST INCOME	60,489	49,275
INTEREST EXPENSE
Interest on Deposits	8,971	1,329
Interest on FHLB Advances and Other Borrowings	2,509	1,038
TOTAL INTEREST EXPENSE	11,480	2,367
NET INTEREST INCOME	49,009	46,908
Provision for Credit Losses	1,100	5,200
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	47,909	41,708
NON-INTEREST INCOME
Company Owned Life Insurance	401	458
Other Operating Income	1,211	1,268
Net Gains on Sales of Loans	587	1,421
Net Gains on Securities	2	372
TOTAL NON-INTEREST INCOME	14,967	16,188
NON-INTEREST EXPENSE
Salaries and Employee Benefits	21,846	23,088
Occupancy Expense	2,910	2,879
Furniture and Equipment Expense	910	930
FDIC Premiums	741	476
Data Processing Fees	2,755	7,724
Professional Fees	1,562	2,363
Advertising and Promotion	1,167	1,138
Intangible Amortization	785	1,017
Other Operating Expenses	4,940	8,545
TOTAL NON-INTEREST EXPENSE	37,616	48,160
Income before Income Taxes	25,260	9,736
Income Tax Expense	4,453	669
NET INCOME	$ 20,807	$ 9,067
Basic Earnings Per Share (in dollars per share)	$ 0.71	$ 0.31
Diluted Earnings Per Share (in dollars per share)	$ 0.71	$ 0.31
Wealth Management Fees
NON-INTEREST INCOME
Non-interest income	$ 2,644	$ 2,638
Service Charges on Deposit Accounts
NON-INTEREST INCOME
Non-interest income	2,788	2,683
Insurance Revenues
NON-INTEREST INCOME
Non-interest income	3,135	3,721
Interchange Fee Income
NON-INTEREST INCOME
Non-interest income	$ 4,199	$ 3,627

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 20,807	$ 9,067
Unrealized Gains (Losses) on Securities:
Unrealized Holding Gain (Loss) Arising During the Period	41,749	(169,340)
Reclassification Adjustment for Gains Included in Net Income	(2)	(372)
Tax Effect	(8,801)	35,827
Net of Tax	32,946	(133,885)
Total Other Comprehensive Income (Loss)	32,946	(133,885)
COMPREHENSIVE INCOME (LOSS)	$ 53,753	$ (124,818)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning Balances (in shares) at Dec. 31, 2021		26,553,508
Beginning Balances at Dec. 31, 2021	$ 668,459	$ 26,554	$ 276,057	$ 350,364	$ 15,484
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	9,067			9,067
Other Comprehensive Income (Loss)	(133,885)				(133,885)
Cash Dividends	(6,752)			(6,752)
Issuance of Common Stock for:
Acquisition of Citizens Union Bancorp of Shelbyville, Inc., net (in shares)		2,870,975
Acquisition of Citizens Union Bancorp of Shelbyville, Inc., net	111,723	$ 2,871	108,852
Restricted Share Grants (in shares)		61,200
Restricted Share Grants	424	$ 61	363
Ending Balances (in shares) at Mar. 31, 2022		29,485,683
Ending Balances at Mar. 31, 2022	$ 649,036	$ 29,486	385,272	352,679	(118,401)
Beginning Balances (in shares) at Dec. 31, 2022	29,493,193	29,493,193
Beginning Balances at Dec. 31, 2022	$ 558,393	$ 29,493	387,171	405,167	(263,438)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	20,807			20,807
Other Comprehensive Income (Loss)	32,946				32,946
Cash Dividends	(7,354)			(7,354)
Issuance of Common Stock for:
Restricted Share Grants (in shares)		80,246
Restricted Share Grants	$ 539	$ 80	459
Ending Balances (in shares) at Mar. 31, 2023	29,573,439	29,573,439
Ending Balances at Mar. 31, 2023	$ 605,331	$ 29,573	$ 387,630	$ 418,620	$ (230,492)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.25	$ 0.23

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income	$ 20,807	$ 9,067
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:
Net Amortization on Securities	1,407	1,735
Depreciation and Amortization	2,429	2,654
Loans Originated for Sale	(21,519)	(46,256)
Proceeds from Sales of Loans Held-for-Sale	24,736	48,039
Provision for Credit Losses	1,100	5,200
Gain on Sale of Loans, net	(587)	(1,421)
Gain on Securities, net	(2)	(372)
Gain on Sales of Other Real Estate and Repossessed Assets	0	1
Gain on Disposition and Donation of Premises and Equipment	(5)	(18)
Increase in Cash Surrender Value of Company Owned Life Insurance	(473)	(436)
Equity Based Compensation	539	424
Change in Assets and Liabilities:
Interest Receivable and Other Assets	2,802	12,524
Interest Payable and Other Liabilities	232	15,126
Net Cash from Operating Activities	31,466	46,267
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from Maturities of Securities Available-for-Sale	39,970	40,087
Proceeds from Sales of Securities Available-for-Sale	93,752	91,946
Purchase of Securities Available-for-Sale	(1,967)	(234,878)
Proceeds from Redemption of Federal Home Loan Bank Stock	80	7,671
Purchase of Loans	0	(833)
Proceeds from Sale of Loans Held for Investment	0	622
Loans Made to Customers, net of Payments Received	15,109	30,525
Proceeds from Sales of Other Real Estate	0	39
Property and Equipment Expenditures	(1,916)	(4,057)
Proceeds from Life Insurance	0	205
Acquisition of Citizens Union Bancorp of Shelbyville, Inc.	0	207,764
Net Cash from Investing Activities	145,028	139,091
CASH FLOWS FROM FINANCING ACTIVITIES
Change in Deposits	(195,056)	154,309
Change in Short-term Borrowings	(12,837)	(17,608)
Repayments of Long-term Debt	(31)	(41,605)
Dividends Paid	(7,354)	(6,752)
Net Cash from Financing Activities	(215,278)	88,344
Net Change in Cash and Cash Equivalents	(38,784)	273,702
Cash and Cash Equivalents at Beginning of Year	119,079	396,890
Cash and Cash Equivalents at End of Period	80,295	670,592
Cash Paid During the Period for
Interest	10,152	1,661
Income Taxes	0	(648)
Supplemental Non Cash Disclosures
Interest Rate Swap Fair Value Adjustment	(1,963)	1,046
Supplemental Schedule for Investing Activities (See Note 15 for Business Combinations)
Assets acquired, net of purchase consideration	0	945,043
Liabilities assumed	0	1,003,759
Goodwill	$ 0	$ 58,716

Basis of Presentation and Marke

Basis of Presentation and Market Conditions	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation and Market Conditions	Basis of Presentation and Market Conditions German American Bancorp, Inc. operates primarily in the banking industry. The accounting and reporting policies of German American Bancorp, Inc. and its subsidiaries (hereinafter collectively referred to as the "Company") conform to U.S. generally accepted accounting principles. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the periods reported have been included in the accompanying unaudited consolidated financial statements, and all such adjustments are of a normal recurring nature. It is suggested that these consolidated financial statements and notes be read in conjunction with the financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2022. Certain items included in the prior period financial statements were reclassified to conform to the current presentation. There was no effect on net income or total shareholders' equity based on these reclassifications.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently Adopted Accounting Guidance In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. In January 2021, the FASB issued ASU 2021-01 which clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The Company has discontinued originating LIBOR based loans and has a plan in place to transition LIBOR indexed loans primarily to term SOFR or other indices. On March 31, 2022, the FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” which eliminates the troubled debt restructuring recognition and measurement guidance and instead requires an entity to evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendments also enhance existing disclosures and include new disclosure requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. To improve consistency for vintage disclosures, the ASU requires that public business entities disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20. For entities that have adopted ASU 2016-13, the amendments are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For entities that have not adopted ASU 2016-13, the effective dates for the amendments are the same as the effective dates in ASU 2016-13. Early adoption is permitted if ASU 2016-13 has been adopted, including adoption in an interim period. If an entity elects to adopt the amendments in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes the interim period. The Company adopted the new guidance prospectively with no material impact to the consolidated financial statements. The SEC released Staff Accounting Bulletin No. 121 (“SAB 121”) on March 31, 2022,, which provides interpretive guidance regarding the accounting for obligations to safeguard crypto-assets an entity holds for its customers, either directly through an agent or another third party acting on its behalf. SAB 121 requires an entity to recognize a liability on its balance sheet to reflect the obligation to safeguard the crypto-assets of others, along with a corresponding safeguarding asset, both of which are measured at fair value. The Company has completed an evaluation and concluded that it does not have a safeguarding obligation under SAB 121 and therefore the disclosures do not apply.

Per Share Data

Per Share Data	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Per Share Data	Per Share Data The computation of Basic Earnings per Share and Diluted Earnings per Share are as follows: Three Months Ended 2023 2022 Basic Earnings per Share: Net Income $ 20,807 $ 9,067 Weighted Average Shares Outstanding 29,507,446 29,403,052 Basic Earnings per Share $ 0.71 $ 0.31 Diluted Earnings per Share: Net Income $ 20,807 $ 9,067 Weighted Average Shares Outstanding 29,507,446 29,403,052 Potentially Dilutive Shares, Net — — Diluted Weighted Average Shares Outstanding 29,507,446 29,403,052 Diluted Earnings per Share $ 0.71 $ 0.31 For the three months ended March 31, 2023 and 2022, there were no anti-dilutive shares.

Securities

Securities	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale were as follows: Securities Available-for-Sale: Amortized Gross Gross Allowance for Credit Losses Fair March 31, 2023 U.S. Treasury $ 1,984 $ 1 $ — $ — $ 1,985 Obligations of State and Political Subdivisions 917,686 1,201 (138,247) — 780,640 MBS/CMO 811,898 — (119,542) — 692,356 US Gov’t Sponsored Entities & Agencies 230,099 — (34,824) — 195,275 Total $ 1,961,667 $ 1,202 $ (292,613) $ — $ 1,670,256 December 31, 2022 U.S. Treasury $ 64,097 $ 22 $ — $ — $ 64,119 Obligations of State and Political Subdivisions 939,193 673 (162,014) — 777,852 MBS/CMO 846,519 — (131,838) — 714,681 US Gov’t Sponsored Entities & Agencies 245,017 — (40,000) — 205,017 Total $ 2,094,826 $ 695 $ (333,852) $ — $ 1,761,669 All mortgage-backed securities in the above table (identified above and throughout this Note 4 as "MBS/CMO") are residential and multi-family mortgage-backed securities and guaranteed by government sponsored entities. The US Gov’t Sponsored Entities & Agencies in the above table include securities that have underlying collateral of equipment, machinery and commercial real estate. The amortized cost and fair value of Securities at March 31, 2023 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed Securities are not due at a single maturity date and are shown separately. Securities Available-for-Sale: Amortized Fair Due in one year or less $ 4,154 $ 4,156 Due after one year through five years 14,968 15,055 Due after five years through ten years 56,769 55,364 Due after ten years 843,779 708,050 MBS/CMO 811,898 692,356 US Gov’t Sponsored Entities & Agencies 230,099 195,275 Total $ 1,961,667 $ 1,670,256 Proceeds from the Sales of Securities are summarized below: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Proceeds from Sales $ 93,752 $ 91,946 Gross Gains on Sales 2 372 Income Taxes on Gross Gains — 78 The carrying value of securities pledged to secure repurchase agreements, public and trust deposits, and for other purposes as required by law was $352,712 and $354,123 as of March 31, 2023 and December 31, 2022, respectively. Below is a summary of securities with unrealized losses as of March 31, 2023 and December 31, 2022, presented by length of time the securities have been in a continuous unrealized loss position: Less than 12 Months 12 Months or More Total March 31, 2023 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury $ — $ — $ — $ — $ — $ — Obligations of State and Political Subdivisions 89,866 (3,578) 597,155 (134,669) 687,021 (138,247) MBS/CMO 64,508 (3,421) 627,839 (116,121) 692,347 (119,542) US Gov’t Sponsored Entities & Agencies 11,115 (777) 184,161 (34,047) 195,276 (34,824) Total $ 165,489 $ (7,776) $ 1,409,155 $ (284,837) $ 1,574,644 $ (292,613) Less than 12 Months 12 Months or More Total December 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury $ — $ — $ — $ — $ — $ — Obligations of State and Political Subdivisions 579,267 (117,423) 122,992 (44,591) 702,259 (162,014) MBS/CMO 240,344 (20,920) 474,327 (110,918) 714,671 (131,838) US Gov’t Sponsored Entities & Agencies 198,702 (38,818) 6,314 (1,182) 205,016 (40,000) Total $ 1,018,313 $ (177,161) $ 603,633 $ (156,691) $ 1,621,946 $ (333,852) Available-for-sale debt securities in unrealized loss positions are evaluated for impairment related to credit losses at least quarterly. For available-for-sale debt securities in an unrealized loss position, the Company assesses whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is reduced to fair value through income. For available-for sale debt securities that do not meet the criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security and the issuer, among other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an allowance for credit losses is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income, net of applicable taxes. The decrease in unrealized losses from December 31, 2022 to March 31, 2023 was primarily the result of fair value adjustments caused by the change in market interest rates. There was no allowance for credit losses for available-for-sale debt securities at March 31, 2023 or December 31, 2022. Although management has the ability to sell these securities if the need arises, their designation as available-for-sale should not necessarily be interpreted as an indication that management anticipates such sales. Accrued interest receivable on available-for-sale debt securities totaled $9,710 at March 31, 2023 and $10,637 at December 31, 2022. Accrued interest receivable is excluded from the estimate of credit losses. The Company’s equity securities are listed as Other Investments on the Consolidated Balance Sheets and consist of one non-controlling investment in a single banking organization at March 31, 2023 and December 31, 2022. The original investment totaled $1,350 and other-than-temporary impairment was previously recorded totaling $997. The Company’s equity securities are considered not to have readily determinable fair value and are carried at cost and evaluated for impairment. At March 31, 2023, there was no additional impairment recognized through earnings.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company executes interest rate swaps with commercial banking customers to facilitate their respective risk management strategies. The notional amounts of these interest rate swaps and the offsetting counterparty derivative instruments were $133,458 at March 31, 2023 and $134,684 at December 31, 2022. These interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions with approved, reputable, independent counterparties with substantially matching terms. The agreements are considered stand-alone derivatives and changes in the fair value of derivatives are reported in earnings as non-interest income. While the derivatives represent economic hedges, they do not qualify as hedges for accounting purposes. Credit risk arises from the possible inability of counterparties to meet the terms of their contracts. The Company’s exposure is limited to the replacement value of the contracts rather than the notional, principal or contract amounts. There are provisions in the agreements with the counterparties that allow for certain unsecured credit exposure up to an agreed threshold. Exposures in excess of the agreed thresholds are collateralized. In addition, the Company minimizes credit risk through credit approvals, limits, and monitoring procedures. The following table reflects the fair value of derivative instruments included in the Consolidated Balance Sheets as of: March 31, 2023 December 31, 2022 Notional Fair Value Notional Fair Value Included in Other Assets: Interest Rate Swaps $ 133,458 $ 7,886 $ 134,684 $ 9,899 Included in Other Liabilities: Interest Rate Swaps $ 133,458 $ 7,786 $ 134,684 $ 9,749 The following table presents the effect of derivative instruments on the Consolidated Statements of Income for the periods presented: Three Months Ended 2023 2022 Interest Rate Swaps: Included in Other Operating Income $ (50) $ 214

Loans

Loans	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Loans	Loans Loans were comprised of the following classifications: March 31, December 31, Commercial: Commercial and Industrial Loans $ 608,870 $ 620,106 Commercial Real Estate Loans 2,000,237 1,966,884 Agricultural Loans 378,587 417,413 Leases 58,436 56,396 Retail: Home Equity Loans 277,576 279,748 Consumer Loans 80,502 79,904 Credit Cards 18,320 17,512 Residential Mortgage Loans 350,338 350,682 Subtotal 3,772,866 3,788,645 Less: Unearned Income (3,994) (3,711) Allowance for Credit Losses (44,315) (44,168) Loans, net $ 3,724,557 $ 3,740,766 The table above includes $18,310 and $21,149 of purchase credit deteriorated loans as of March 31, 2023 and December 31, 2022, respectively. Allowance for Credit Losses for Loans The following tables present the activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2023 and 2022: March 31, 2023 Commercial and Industrial Commercial Real Estate Loans Agricultural Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Unallocated Total Allowance for Credit Losses: Beginning balance $ 13,749 $ 21,598 $ 4,188 $ 209 $ 595 $ 1,344 $ 257 $ 2,228 $ — $ 44,168 Provision (Benefit) for credit loss expense 501 402 (301) 18 226 54 125 75 — 1,100 Loans charged-off (733) — — — (345) (14) (120) (26) — (1,238) Recoveries collected 55 62 — — 133 31 1 3 — 285 Total ending allowance balance $ 13,572 $ 22,062 $ 3,887 $ 227 $ 609 $ 1,415 $ 263 $ 2,280 $ — $ 44,315 March 31, 2022 Commercial and Industrial Commercial Real Estate Loans Agricultural Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Unallocated Total Allowance for Credit Losses: Beginning balance $ 9,554 $ 19,245 $ 4,505 $ 200 $ 507 $ 1,061 $ 240 $ 1,705 $ — $ 37,017 Acquisition of Citizens Union Bank of Shelbyville, KY 376 1,945 689 — 2 — — 105 — 3,117 Provision (Benefit) for credit loss expense 2,788 2,095 (435) (4) 225 183 7 341 — 5,200 Loans charged-off (5) (78) — — (210) (37) (39) — — (369) Recoveries collected 7 10 — — 92 — 4 — — 113 Total ending allowance balance $ 12,720 $ 23,217 $ 4,759 $ 196 $ 616 $ 1,207 $ 212 $ 2,151 $ — $ 45,078 The Company utilizes the Static Pool methodology in determining expected future credit losses. Static pool analysis means segmenting and tracking loans over a period of time based on similar risk characteristics such as loan structure, collateral type, industry of borrower and concentrations, contractual terms and credit risk indicators. Static pool calculates a loss rate on a closed pool of loans that existed on a specified start date based upon the remaining life of each segment. The Company’s expected loss estimate is anchored in historical credit loss experience, with an emphasis on all available portfolio data. The Company's historical look-back period includes January 2014 through the current period, on a monthly basis. Qualitative reserves reflect management’s overall estimate of the extent to which current expected credit losses on collectively evaluated loans will differ from historical loss experience. The analysis takes into consideration industry and collateral concentrations, acquired loan portfolio characteristics and other credit-related analytics as deemed appropriate. Management attempts to quantify qualitative reserves whenever possible. The Company estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Historical loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for changes in underwriting standards, portfolio mix, delinquency level, changes in environmental conditions, unemployment rates, risk classifications and collateral values. The allowance for credit losses is measured on a collective (pooled) basis when similar risk characteristics exist. Based on the potential increased losses related to the advancing stress on the economy as a result of inflationary pressures, rising interest rates and financial market volatility, the Company has considered this loss experience may align with loss experience from the recessionary period from 2008-2011 and qualitative adjustments have been made accordingly. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective evaluation. When the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date adjusted for selling costs. For the three months ended March 31, 2023, the allowance for credit losses remained constant. Key indicators utilized in forecasting for the allowance calculations include unemployment rates and gross domestic product. There has been some improvement in these factors over previous periods; however, rising interest rates and the expanded inflationary impact on consumer discretionary spending were considered in the qualitative factors to determine the allowance for credit losses. All classes of loans, including loans acquired with deteriorated credit quality, are generally placed on non-accrual status when scheduled principal or interest payments are past due for 90 days or more or when the borrower’s ability to repay becomes doubtful. For purchased loans, the determination is made at the time of acquisition as well as over the life of the loan. Uncollected accrued interest for each class of loans is reversed against income at the time a loan is placed on non-accrual. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. All classes of loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans are typically charged-off at 180 days past due, or earlier if deemed uncollectible. Exceptions to the non-accrual and charge-off policies are made when the loan is well secured and in the process of collection. The following tables present the amortized cost in non-accrual loans and loans past due over 89 days still accruing by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 Non-Accrual With No Allowance for Credit Loss (1) Total Non-Accrual Loans Past Due Over 89 Days Still Accruing Commercial and Industrial Loans $ 1,384 $ 8,583 $ — Commercial Real Estate Loans 276 1,996 517 Agricultural Loans 956 1,312 581 Leases — — — Home Equity Loans 555 665 — Consumer Loans 6 14 — Credit Cards 145 145 — Residential Mortgage Loans 515 780 — Total $ 3,837 $ 13,495 $ 1,098 (1) Non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $13,495. Interest income on non-accrual loans recognized during the three months ended March 31, 2023 totaled $16. December 31, 2022 Non-Accrual With No Allowance for Credit Loss (1) Total Non-Accrual Loans Past Due Over 89 Days Still Accruing Commercial and Industrial Loans $ 1,142 $ 7,936 $ 1,427 Commercial Real Estate Loans 49 1,950 — Agricultural Loans 994 1,062 — Leases — — — Home Equity Loans 262 310 — Consumer Loans 240 254 — Credit Cards 146 146 — Residential Mortgage Loans 676 1,230 — Total $ 3,509 $ 12,888 $ 1,427 (1) Includes non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $12,888. Interest income on non-accrual loans recognized during the year ended December 31, 2022 totaled $32. The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 Real Estate Equipment Accounts Receivable Other Total Commercial and Industrial Loans $ 2,079 $ 962 $ 242 $ 6,803 $ 10,086 Commercial Real Estate Loans 11,612 36 — — 11,648 Agricultural Loans 4,816 312 — — 5,128 Leases — — — — — Home Equity Loans 530 — — — 530 Consumer Loans 8 4 — 3 15 Credit Cards — — — — — Residential Mortgage Loans 874 — — — 874 Total $ 19,919 $ 1,314 $ 242 $ 6,806 $ 28,281 December 31, 2022 Real Estate Equipment Accounts Receivable Other Total Commercial and Industrial Loans $ 2,078 $ 1,219 $ 272 $ 5,851 $ 9,420 Commercial Real Estate Loans 12,192 36 — — 12,228 Agricultural Loans 4,944 318 — — 5,262 Leases — — — — — Home Equity Loans 467 — — — 467 Consumer Loans 8 2 — 12 22 Credit Cards — — — — — Residential Mortgage Loans 1,060 — — — 1,060 Total $ 20,749 $ 1,575 $ 272 $ 5,863 $ 28,459 The following tables present the aging of the amortized cost basis in past due loans by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Loans Not Past Due Total Commercial and Industrial Loans $ 1,165 $ 221 $ 6,916 $ 8,302 $ 600,568 $ 608,870 Commercial Real Estate Loans 1,870 121 1,363 3,354 1,996,883 2,000,237 Agricultural Loans 1,465 69 1,322 2,856 375,731 378,587 Leases — — — — 58,436 58,436 Home Equity Loans 1,571 230 665 2,466 275,110 277,576 Consumer Loans 255 51 13 319 80,183 80,502 Credit Cards 150 39 145 334 17,986 18,320 Residential Mortgage Loans 5,437 201 552 6,190 344,148 350,338 Total $ 11,913 $ 932 $ 10,976 $ 23,821 $ 3,749,045 $ 3,772,866 December 31, 2022 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Loans Not Past Due Total Commercial and Industrial Loans $ 268 $ 681 $ 8,285 $ 9,234 $ 610,872 $ 620,106 Commercial Real Estate Loans 1,617 14 616 2,247 1,964,637 1,966,884 Agricultural Loans 343 — 123 466 416,947 417,413 Leases — — — — 56,396 56,396 Home Equity Loans 1,770 140 310 2,220 277,528 279,748 Consumer Loans 219 64 252 535 79,369 79,904 Credit Cards 86 24 146 256 17,256 17,512 Residential Mortgage Loans 6,330 2,783 1,051 10,164 340,518 350,682 Total $ 10,633 $ 3,706 $ 10,783 $ 25,122 $ 3,763,523 $ 3,788,645 Loan Modifications Made to Borrowers Experiencing Financial Difficulty Effective January 1, 2023, the Company prospectively adopted ASU 2022-02, which eliminated the accounting for troubled debt restructurings while establishing a new standard for the treatment of modifications made to borrowers experiencing financial difficulties. As such, effective with the adoption of the new standard, the Company will not include, prospectively, financial difficulty modifications in its presentation of nonperforming loans, nonperforming assets or classified assets. Prior period data, which included troubled debt restructurings, has not been adjusted. The Company’s loan modifications for borrowers experiencing financial difficulties will typically include one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan. No modification in 2023 resulted in the permanent reduction of the recorded investment in the loan. During the three months ended March 31, 2023, the Company had no modified loans made to borrowers experiencing financial difficulty. There were no modified loans that had a payment default during the three months ended March 31, 2023 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty. The Company considers a loan to be in payment default once it is 30 days contractually past due under the modified terms. Troubled Debt Restructurings Disclosures Prior to Adoption of ASU 2022-02 In certain instances, the Company may choose to restructure the contractual terms of loans. A troubled debt restructuring occurs when the Bank grants a concession to the borrower that it would not otherwise consider due to a borrower’s financial difficulty. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without modification. This evaluation is performed under the Company’s internal underwriting policy. The Company uses the same methodology for loans acquired with deteriorated credit quality as for all other loans when determining whether the loan is a troubled debt restructuring. As of December 31, 2022, the Company had no troubled debt restructurings. The Company had no specific allocation of allowance for these loans at December 31, 2022. The Company had not committed to lending any additional amounts as of December 31, 2022 to customers with outstanding loans that are classified as troubled debt restructurings. For the year ended December 31, 2022, the Company had no loans modified as troubled debt restructurings. Additionally, there were no loans modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the year ended December 31, 2022. A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms. Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company classifies loans as to credit risk by individually analyzing loans. This analysis includes commercial and industrial loans, commercial real estate loans, and agricultural loans with an outstanding balance greater than $250. This analysis is typically performed on at least an annual basis. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Based on the analysis performed at March 31, 2023 and December 31, 2022, the risk category of loans by class of loans is as follows: Term Loans Amortized Cost Basis by Origination Year As of March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Commercial and Industrial: Risk Rating Pass $ 23,934 $ 151,024 $ 103,507 $ 36,957 $ 42,665 $ 64,882 $ 155,521 $ 578,490 Special Mention — 55 574 713 673 1,649 1,990 5,654 Substandard — 1,171 5,403 479 1,223 2,425 14,025 24,726 Doubtful — — — — — — — — Total Commercial & Industrial Loans $ 23,934 $ 152,250 $ 109,484 $ 38,149 $ 44,561 $ 68,956 $ 171,536 $ 608,870 Current Period Gross Charge-Offs $ — $ 520 $ 32 $ 30 $ — $ 50 $ 101 $ 733 Commercial Real Estate: Risk Rating Pass $ 64,742 $ 414,758 $ 488,827 $ 249,845 $ 158,968 $ 530,615 $ 33,620 $ 1,941,375 Special Mention — 3,953 1,413 4,816 133 35,707 — 46,022 Substandard — 210 5,131 551 1,398 5,438 112 12,840 Doubtful — — — — — — — — Total Commercial Real Estate Loans $ 64,742 $ 418,921 $ 495,371 $ 255,212 $ 160,499 $ 571,760 $ 33,732 $ 2,000,237 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Agricultural: Risk Rating Pass $ 10,620 $ 61,039 $ 45,959 $ 45,512 $ 24,363 $ 109,918 $ 47,769 $ 345,180 Special Mention 1,608 333 833 5,991 2,837 12,289 3,139 27,030 Substandard — — 208 625 419 5,100 25 6,377 Doubtful — — — — — — — — Total Agricultural Loans $ 12,228 $ 61,372 $ 47,000 $ 52,128 $ 27,619 $ 127,307 $ 50,933 $ 378,587 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Leases: Risk Rating Pass $ 8,085 $ 8,904 $ 13,392 $ 18,227 $ 7,050 $ 2,778 $ — $ 58,436 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Leases $ 8,085 $ 8,904 $ 13,392 $ 18,227 $ 7,050 $ 2,778 $ — $ 58,436 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Term Loans Amortized Cost Basis by Origination Year As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Commercial and Industrial: Risk Rating Pass $ 156,318 $ 117,648 $ 39,949 $ 46,505 $ 18,423 $ 51,482 $ 154,203 $ 584,528 Special Mention 56 148 577 78 551 2,346 1,672 5,428 Substandard 1,714 5,629 849 1,304 1,028 2,237 17,389 30,150 Doubtful — — — — — — — — Total Commercial & Industrial Loans $ 158,088 $ 123,425 $ 41,375 $ 47,887 $ 20,002 $ 56,065 $ 173,264 $ 620,106 Commercial Real Estate: Risk Rating Pass $ 398,631 $ 490,747 $ 261,462 $ 162,701 $ 129,151 $ 427,433 $ 35,163 $ 1,905,288 Special Mention 3,982 1,568 4,612 135 13,689 25,371 — 49,357 Substandard — 4,628 489 1,415 979 4,728 — 12,239 Doubtful — — — — — — — — Total Commercial Real Estate Loans $ 402,613 $ 496,943 $ 266,563 $ 164,251 $ 143,819 $ 457,532 $ 35,163 $ 1,966,884 Agricultural: Risk Rating Pass $ 62,673 $ 47,682 $ 47,355 $ 25,431 $ 21,728 $ 92,344 $ 83,862 $ 381,075 Special Mention 634 842 6,066 4,149 2,355 11,440 4,310 29,796 Substandard — 210 628 429 85 5,190 — 6,542 Doubtful — — — — — — — — Total Agricultural Loans $ 63,307 $ 48,734 $ 54,049 $ 30,009 $ 24,168 $ 108,974 $ 88,172 $ 417,413 Leases: Risk Rating Pass $ 20,057 $ 14,461 $ 9,648 $ 8,901 $ 1,851 $ 1,478 $ — $ 56,396 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Leases $ 20,057 $ 14,461 $ 9,648 $ 8,901 $ 1,851 $ 1,478 $ — $ 56,396 The Company considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following tables present the amortized cost in residential, home equity and consumer loans based on payment activity. Term Loans Amortized Cost Basis by Origination Year As of March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Consumer: Payment performance Performing $ 13,674 $ 38,471 $ 16,603 $ 4,811 $ 1,969 $ 2,751 $ 2,209 $ 80,488 Nonperforming — 6 4 3 — 1 — 14 Total Consumer Loans $ 13,674 $ 38,477 $ 16,607 $ 4,814 $ 1,969 $ 2,752 $ 2,209 $ 80,502 Current Period Gross Charge-Offs $ 179 $ 126 $ 20 $ 16 $ 3 $ 1 $ — $ 345 Home Equity: Payment performance Performing $ — $ 74 $ 153 $ 91 $ — $ 861 $ 275,732 $ 276,911 Nonperforming — 40 271 — 68 223 63 665 Total Home Equity Loans $ — $ 114 $ 424 $ 91 $ 68 $ 1,084 $ 275,795 $ 277,576 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ 4 $ 10 $ 14 Residential Mortgage: Payment performance Performing $ 12,701 $ 69,799 $ 93,206 $ 44,964 $ 19,267 $ 109,621 $ — $ 349,558 Nonperforming — — 140 208 109 323 — 780 Total Residential Mortgage Loans $ 12,701 $ 69,799 $ 93,346 $ 45,172 $ 19,376 $ 109,944 $ — $ 350,338 Current Period Gross Charge-Offs $ — $ — $ 21 $ 5 $ — $ — $ — $ 26 Term Loans Amortized Cost Basis by Origination Year As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Consumer: Payment performance Performing $ 42,685 $ 22,708 $ 5,610 $ 2,394 $ 1,543 $ 1,553 $ 3,157 $ 79,650 Nonperforming 3 19 212 8 2 10 — 254 Total Consumer Loans $ 42,688 $ 22,727 $ 5,822 $ 2,402 $ 1,545 $ 1,563 $ 3,157 $ 79,904 Home Equity: Payment performance Performing $ 63 $ — $ — $ — $ — $ 591 $ 278,784 $ 279,438 Nonperforming — 20 — — 19 1 270 310 Total Home Equity Loans $ 63 $ 20 $ — $ — $ 19 $ 592 $ 279,054 $ 279,748 Residential Mortgage: Payment performance Performing $ 69,982 $ 97,176 $ 46,851 $ 20,080 $ 16,664 $ 98,699 $ — $ 349,452 Nonperforming — 161 253 — 78 738 — 1,230 Total Residential Mortgage Loans $ 69,982 $ 97,337 $ 47,104 $ 20,080 $ 16,742 $ 99,437 $ — $ 350,682 The Company considers the performance of the loan portfolio and its impact on the allowance for credit loan losses. For certain retail loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in credit cards based on payment activity: Credit Cards March 31, 2023 December 31, 2022 Performing $ 18,175 $ 17,366 Nonperforming 145 146 Total $ 18,320 $ 17,512 The following tables present loans purchased and/or sold during the year by portfolio segment and excludes the business combination activity: March 31, 2023 Commercial and Industrial Loans Commercial Real Estate Loans Agricultural Loans Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Total Purchases $ — $ — $ — $ — $ — $ — $ — $ — $ — Sales — — — — — — — — — December 31, 2022 Commercial and Industrial Loans Commercial Real Estate Loans Agricultural Loans Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Total Purchases $ 522 $ 411 $ — $ — $ — $ — $ — $ — $ 933 Sales — 3,819 97 — — — — — 3,916

Repurchase Agreements Accounted

Repurchase Agreements Accounted for as Secured Borrowings	3 Months Ended
	Mar. 31, 2023
Transfers and Servicing [Abstract]
Repurchase Agreements Accounted for as Secured Borrowings	Repurchase Agreements Accounted for as Secured BorrowingsRepurchase agreements are short-term borrowings included in FHLB Advances and Other Borrowings and mature overnight and continuously. Repurchase agreements, which were secured by mortgage-backed securities, totaled $58,323 and $64,961 as of March 31, 2023 and December 31, 2022, respectively. Risk could arise when the collateral pledged to a repurchase agreement declines in fair value. The Company minimizes risk by consistently monitoring the value of the collateral pledged. At the point in time where the collateral has declined in fair value, the Company is required to provide additional collateral based on the value of the underlying securities.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s operations include three primary segments: core banking, wealth management services, and insurance operations. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Company’s local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The wealth management segment involves providing trust, investment advisory, brokerage and retirement planning services to customers. The insurance segment offers a full range of personal and corporate property and casualty insurance products, primarily in the Company’s banking subsidiary’s local markets. The core banking segment is comprised by the Company’s banking subsidiary, German American Bank, which operated through 77 banking offices at March 31, 2023. Net interest income from loans and investments funded by deposits and borrowings is the primary revenue for the core-banking segment. The wealth management segment’s revenues are comprised primarily of fees generated by the trust operations of the Company’s banking subsidiary and by German American Investment Services, Inc. These fees are derived by providing trust, investment advisory, brokerage and retirement planning services to its customers. The insurance segment primarily consists of German American Insurance, Inc., which provides a full line of personal and corporate insurance products. Commissions derived from the sale of insurance products are the primary source of revenue for the insurance segment. The following segment financial information has been derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments. Core Wealth Management Services Insurance Other Consolidated Totals Three Months Ended March 31, 2023 Net Interest Income $ 50,141 $ 25 $ 14 $ (1,171) $ 49,009 Net Gains on Sales of Loans 587 — — — 587 Net Gains on Securities 2 — — — 2 Wealth Management Fees 2 2,642 — — 2,644 Insurance Revenues 1 17 3,117 — 3,135 Noncash Items: Provision (Benefit) for Credit Losses 1,100 — — — 1,100 Depreciation and Amortization 2,293 10 12 114 2,429 Income Tax Expense (Benefit) 4,401 130 227 (305) 4,453 Segment Profit (Loss) 20,565 606 1,061 (1,425) 20,807 Segment Assets at March 31, 2023 5,990,410 9,260 15,346 (18,097) 5,996,919 Core Wealth Management Services Insurance Other Consolidated Totals Three Months Ended March 31, 2022 Net Interest Income $ 47,665 $ 5 $ 3 $ (765) $ 46,908 Net Gains on Sales of Loans 1,421 — — — 1,421 Net Gains on Securities 372 — — — 372 Wealth Management Fees 1 2,637 — — 2,638 Insurance Revenues 27 1 3,693 — 3,721 Noncash Items: Provision (Benefit) for Credit Losses 5,200 — — — 5,200 Depreciation and Amortization 2,518 10 12 114 2,654 Income Tax Expense (Benefit) 616 204 450 (601) 669 Segment Profit (Loss) 8,429 640 1,429 (1,431) 9,067 Segment Assets at December 31, 2022 6,152,346 8,846 14,706 (19,907) 6,155,991

Stock Repurchase Plan

Stock Repurchase Plan	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
Stock Repurchase Plan	Stock Repurchase Plan On January 31, 2022, the Company’s Board of Directors approved a plan to repurchase up to 1,000,000 shares of the Company’s outstanding common stock. On a share basis, the amount of common stock subject to the repurchase plan represented approximately 3% of the Company’s outstanding shares at the time it was approved. The Company is not obligated to purchase shares under the plan, and the plan may be discontinued at any time. The actual timing, number and share price of shares purchased under the repurchase plan will be determined by the Company at its discretion and will depend upon such factors as the market price of the stock, general market and economic conditions and applicable legal requirements. At the time it approved the new plan, the Board also terminated a similar plan that had been adopted in January 2021. At the time of its termination, the Company had been authorized to purchase up to 1,000,000 shares of common stock under the 2021 repurchase plan. The Company did not repurchase any shares of common stock under the 2021 repurchase plan and has not repurchased any shares under the 2022 repurchase plan. In August 2022, the Inflation Reduction Act of 2022 (the “IRA”) was enacted. Among other things, the IRA imposes a new 1% excise tax on the fair market value of stock repurchased after December 31, 2022 by publicly traded U.S. corporations, like the Company. With certain exceptions, the value of stock repurchased is determined net of stock issued in the year, including shares issued pursuant to compensatory arrangements.

Equity Plans and Equity Based C

Equity Plans and Equity Based Compensation	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Equity Plans and Equity Based Compensation	Equity Plans and Equity Based Compensation During the periods presented, the Company maintained two equity incentive plans under which stock options, restricted stock, and other equity incentive awards could be granted. Those plans include (i) the Company’s 2009 Long-Term Equity Incentive Plan, under which no new grants may be made, and (ii) the Company’s 2019 Long-Term Equity Incentive Plan (the “2019 LTI Plan”). The 2019 LTI Plan, which authorizes a maximum aggregate issuance of 1,000,000 shares of common stock (subject to certain permitted adjustments), became effective on May 16, 2019, following approval of the Company’s shareholders. It will remain in effect until May 16, 2029, or until all shares of common stock subject to the 2019 LTI Plan are distributed, all awards have expired or terminated, or the plan is terminated pursuant to its terms, whichever occurs first. For the three months ended March 31, 2023 and 2022, the Company granted no options. The Company recorded no stock compensation expense applicable to options during the three months ended March 31, 2023 and 2022. In addition, there was no unrecognized option expense. During the periods presented, awards of long-term incentives were granted in the form of restricted stock. In 2019 and prior, awards that were granted to management and selected other employees under the Company's management incentive plan were granted in tandem with cash credit entitlements in the form of 60% restricted stock grants and 40% cash credit entitlements. In 2020, awards granted under the management incentive plan were granted in tandem with cash credit entitlements in the form of 66.67% restricted stock grants and 33.33% cash credit entitlements. In 2019 and prior, the restricted stock grants and tandem cash credit entitlements, generally, vested in three annual installments of 33.33% each. In 2020, 100% of the cash portion of an award vested towards the end of the year in which the grant was made, followed by the restricted stock grants vesting 50% in each of the 2nd and 3rd years. Beginning in 2021, for named executive officers, awards are granted in the form of 100% restricted stock grants which vest in one-third installments on the first, second and third anniversaries of the award date. Awards that are granted to directors as additional retainers for their services do not include any cash credit entitlement. These director restricted stock grants are subject to forfeiture in the event that the recipient of the grant does not continue in service as a director of the Company through December 31 of the year after grant or does not satisfy certain meeting attendance requirements, at which time they generally vest 100%. For measuring compensation costs, restricted stock awards are valued based upon the market value of the common shares on the date of grant. During the three months ended March 31, 2023, the Company granted 80,390 awards of restricted stock. During the three months ended March 31, 2022, the Company granted 63,258 awards of restricted stock. Total unvested restricted stock awards at March 31, 2023 and December 31, 2022 were 145,212 and 74,873, respectively. The following table presents expense recorded for restricted stock and cash entitlements as well as the related tax information for the periods presented: Three Months Ended March 31, 2023 2022 Restricted Stock Expense $ 539 $ 424 Cash Entitlement Expense 182 165 Tax Effect (187) (153) Net of Tax $ 534 $ 436 Unrecognized expense associated with the restricted stock grants and cash entitlements totaled $5,516 and $5,005 as of March 31, 2023 and 2022, respectively. The Company’s shareholders approved the Company’s 2019 Employee Stock Purchase Plan on May 16, 2019, as well as an Amended and Restated 2019 Employee Stock Purchase Plan on May 21, 2020, which was amended and restated to reflect certain clarifying changes (the "2019 ESPP"). The 2019 ESPP replaced the Company's 2009 Employee Stock Purchase Plan, which expired by its own terms on August 16, 2019. The 2019 ESPP provides for a series of 3-month offering periods, commencing on the first day and ending on the last trading day of each calendar quarter, for the purchase of the Company’s common stock by participating employees. The purchase price of the shares has been set at 95% of the fair value of the Company’s common stock on the last trading day of the offering period. A total of 750,000 common shares has been reserved for issuance under the 2019 ESPP. The 2019 ESPP will continue until September 30, 2029, or, if earlier, until all of the shares of common stock allocated to the 2019 ESPP have been purchased. Funding for the purchase of common stock is from employee and Company contributions. For the three months ended March 31, 2023, the Company recorded $12 of expense related to the employee stock purchase plan resulting in $9 net of tax. For the three months ended March 31, 2022, the Company recorded $14 of expense related to the employee stock purchase plan resulting in $11 net of tax. There was no unrecognized compensation expense as of March 31, 2023 and 2022 for the employee stock purchase plan. No stock options were outstanding as of March 31, 2023 and December 31, 2022.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: Investment Securities: The fair values for investment securities are determined by quoted market prices, if available (Level 1). For investment securities where quoted prices are not available, fair values are calculated based on market prices of similar investment securities (Level 2). For investment securities where quoted prices or market prices of similar investment securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Level 3 pricing is obtained from a third-party based upon similar trades that are not traded frequently without adjustment by the Company. At March 31, 2023, the Company held $83 in Level 3 securities which consist of non-rated Obligations of State and Political Subdivisions and $917 in Level 3 securities which consist of non-rated MBS/CMO. Absent the credit rating, significant assumptions must be made such that the credit risk input becomes an unobservable input and thus these investment securities are reported by the Company in a Level 3 classification. Derivatives: The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Individually Analyzed Loans: Fair values for collateral dependent loans are generally based on appraisals obtained from licensed real estate appraisers and in certain circumstances includes consideration of offers obtained to purchase properties prior to foreclosure. Appraisals for commercial real estate generally use three methods to derive value: cost, sales or market comparison and income approach. The cost method bases value in the cost to replace the current property. Value of market comparison approach evaluates the sales price of similar properties in the same market area. The income approach considers net operating income generated by the property and an investor's required return. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Comparable sales adjustments are based on known sales prices of similar type and similar use properties and duration of time that the property has been on the market to sell. Such adjustments made in the appraisal process are typically significant and result in a Level 3 classification of the inputs for determining fair value. Appraisals for both collateral-dependent loans and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the Company’s Risk Management Area reviews the assumptions and approaches utilized in the appraisal. In determining the value of collateral dependent loans and other real estate owned, significant unobservable inputs may be used which include: physical condition of comparable properties sold, net operating income generated by the property and investor rates of return. Other Real Estate: Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate are measured at the lower of carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property utilizing similar techniques as discussed above for Individually Analyzed Loans, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, impairment loss is recognized. Loans Held-for-Sale: The fair values of loans held for sale are determined by using quoted prices for similar assets, adjusted for specific attributes of that loan resulting in a Level 2 classification. Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below: Fair Value Measurements at March 31, 2023 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Total Assets: U.S. Treasury $ 1,985 $ — $ — $ 1,985 Obligations of State and Political Subdivisions — 780,557 83 780,640 MBS/CMO — 691,439 917 692,356 US Gov’t Sponsored Entities & Agencies — 195,275 — 195,275 Total Securities $ 1,985 $ 1,667,271 $ 1,000 $ 1,670,256 Loans Held-for-Sale $ — $ 6,011 $ — $ 6,011 Derivative Assets $ — $ 7,886 $ — $ 7,886 Derivative Liabilities $ — $ 7,786 $ — $ 7,786 Fair Value Measurements at December 31, 2022 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Total Assets: U.S. Treasury $ 64,119 $ — $ — $ 64,119 Obligations of State and Political Subdivisions — 777,769 83 777,852 MBS/CMO — 713,775 906 714,681 US Gov’t Sponsored Entities & Agencies — 205,017 — 205,017 Total Securities $ 64,119 $ 1,696,561 $ 989 $ 1,761,669 Loans Held-for-Sale $ — $ 8,600 $ — $ 8,600 Derivative Assets $ — $ 9,899 $ — $ 9,899 Derivative Liabilities $ — $ 9,749 $ — $ 9,749 As of March 31, 2023 and December 31, 2022, the aggregate fair value, contractual balance (including accrued interest), and gain or loss on Loans Held-for-Sale was as follows: March 31, 2023 December 31, 2022 Aggregate Fair Value $ 6,011 $ 8,600 Contractual Balance 5,914 8,474 Gain (Loss) 97 126 The total amount of gains and losses from changes in fair value included in earnings for the three months ended March 31, 2023 and 2022 were $(29) and $(40), respectively. The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2023 and 2022: Obligations of State and Political Subdivisions MBS/CMO 2023 2022 2023 2022 Balance of Recurring Level 3 Assets at January 1 $ 83 $ — $ 906 $ — Total Gains Included in Other Comprehensive Income — — 11 — Maturities / Calls — — — — Acquired through Bank Acquisition — 100 — — Balance of Recurring Level 3 Assets at March 31 $ 83 $ 100 $ 917 $ — Of the total gain (loss) included in earnings for the three months ended March 31, 2023 and 2022, $11 and $0 was attributable to other changes in fair value, respectively. Assets and Liabilities Measured on a Non-Recurring Basis Assets and liabilities measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements at March 31, 2023 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Total Assets: Individually Analyzed Loans Commercial and Industrial Loans $ — $ — $ 1,737 $ 1,737 Commercial Real Estate Loans $ — $ — $ 8,957 $ 8,957 Agricultural Loans $ — $ — $ 2,909 $ 2,909 Consumer Loans $ — $ — $ 9 $ 9 Home Equity Loans $ — $ — $ 406 $ 406 Residential Mortgage Loans $ — $ — $ 555 $ 555 Fair Value Measurements at December 31, 2022 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Total Assets: Individually Analyzed Loans Commercial and Industrial Loans $ — $ — $ 1,858 $ 1,858 Commercial Real Estate Loans $ — $ — $ 10,040 $ 10,040 Agricultural Loans $ — $ — $ 2,970 $ 2,970 Consumer Loans $ — $ — $ 8 $ 8 Home Equity Loans $ — $ — $ 368 $ 368 Residential Mortgage Loans $ — $ — $ 718 $ 718 The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at March 31, 2023 and December 31, 2022: March 31, 2023 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) Individual Analyzed Loans - $ 1,737 Sales comparison approach Adjustment for physical condition of comparable properties sold 0%-100% (41%) Individual Analyzed Loans - $ 8,957 Sales comparison approach Adjustment for physical condition of comparable properties sold 25%-68% (37%) Individual Analyzed Loans - $ 2,909 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (49%) Individual Analyzed Loans - $ 9 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (20%) Individual Analyzed Loans - $ 406 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (31%) Individual Analyzed Loans - $ 555 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (20%) December 31, 2022 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) Individual Analyzed Loans - $ 1,858 Sales comparison approach Adjustment for physical condition of comparable properties sold 0%-100% (40%) Individual Analyzed Loans - $ 10,040 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (37%) Individual Analyzed Loans - $ 2,970 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (48%) Individual Analyzed Loans - $ 8 Sales comparison approach Adjustment for physical condition of comparable properties sold 27%-100% (20%) Individual Analyzed Loans - $ 368 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-51% (20%) Individual Analyzed Loans - $ 718 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (21%) The carrying amounts and estimated fair values of the Company’s financial instruments not previously presented are provided in the tables below for the periods ending March 31, 2023 and December 31, 2022. Not all of the Company’s assets and liabilities are considered financial instruments, and therefore are not included in the tables. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates were based on subjective judgments, and therefore cannot be determined with precision. Fair Value Measurements at Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Short-term Investments $ 80,295 $ 70,506 $ 9,789 $ — $ 80,295 Interest Bearing Time Deposits with Banks 500 — 500 — 500 Loans, Net 3,709,984 — — 3,622,113 3,622,113 Accrued Interest Receivable 26,279 — 10,038 16,241 26,279 Financial Liabilities: Demand, Savings, and Money Market Deposits (4,640,599) (4,640,599) — — (4,640,599) Time Deposits (514,296) — (510,596) — (510,596) Short-term Borrowings (88,324) (30,000) (58,324) — (88,324) Long-term Debt (102,728) — (27,006) (72,800) (99,806) Accrued Interest Payable (2,841) — (2,511) (330) (2,841) Fair Value Measurements at Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Short-term Investments $ 119,079 $ 77,174 $ 41,905 $ — $ 119,079 Interest Bearing Time Deposits with Banks 500 — 500 — 500 Loans, Net 3,724,804 — — 3,688,903 3,688,903 Accrued Interest Receivable 27,741 38 10,863 16,840 27,741 Financial Liabilities: Demand, Savings, and Money Market Deposits (4,921,582) (4,921,582) — — (4,921,582) Time Deposits (428,469) — (426,184) — (426,184) Short-term Borrowings (101,161) (36,200) (64,961) — (101,161) Long-term Debt (102,645) — (26,830) (72,272) (99,102) Accrued Interest Payable (1,513) — (1,205) (308) (1,513)

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 and 2022, net of tax: March 31, 2023 Unrealized Gains and Losses on Available-for-Sale Securities Postretirement Benefit Items Total Beginning Balance at January 1, 2023 $ (262,924) $ (514) $ (263,438) Other Comprehensive Income (Loss) Before Reclassification 32,948 — 32,948 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (2) — (2) Net Current Period Other Comprehensive Income (Loss) 32,946 — 32,946 Ending Balance at March 31, 2023 $ (229,978) $ (514) $ (230,492) March 31, 2022 Unrealized Gains and Losses on Available-for-Sale Securities Postretirement Benefit Items Total Beginning Balance at January 1, 2022 $ 16,052 $ (568) $ 15,484 Other Comprehensive Income (Loss) Before Reclassification (133,591) — (133,591) Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (294) — (294) Net Current Period Other Comprehensive Income (Loss) (133,885) — (133,885) Ending Balance at March 31, 2022 $ (117,833) $ (568) $ (118,401) The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 and 2022: Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified From Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on $ 2 Net Gains on Securities — Income Tax Expense 2 Net of Tax Total Reclassifications for the Three $ 2 Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified From Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on $ 372 Net Gains on Securities (78) Income Tax Expense 294 Net of Tax Total Reclassifications for the Three $ 294

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), for the three months ended March 31, 2023 and 2022. Wealth management fees are included in the wealth management services segment while insurance revenues are included in the insurance segment. All other revenue streams are primarily included in the banking segment. Three Months Ended March 31, Non-interest Income 2023 2022 In-Scope of Topic 606: Wealth Management Fees $ 2,644 $ 2,638 Service Charges on Deposit Accounts 2,788 2,683 Insurance Revenues 3,135 3,721 Interchange Fee Income 4,199 3,627 Other Operating Income 753 758 Non-interest Income (in-scope of Topic 606) 13,519 13,427 Non-interest Income (out-of-scope of Topic 606) 1,448 2,761 Total Non-interest Income $ 14,967 $ 16,188 A description of the Company’s revenue streams accounted for under Topic 606 follows: Service Charges on Deposit Accounts : The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as stop payment charges and statement rendering, are recognized at the time the transaction is executed (the point in time the Company fills the customer's request). Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Interchange Fee Income: The Company earns interchange fees from debit/credit cardholder transactions conducted through various payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Wealth Management Fees: The Company earns wealth management fees from its contracts with trust and brokerage customers to manage assets for investment and/or to transact their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on the market value of assets under management at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed (trade date). Insurance Revenues : The Company earns insurance revenue from commissions derived from the sale of personal and corporate property and casualty insurance products. These commissions are primarily earned over time as the Company provides the contracted insurance product to customers.

Leases

Leases	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Leases	Leases At the inception of a contract, an entity should determine whether the contract contains a lease. Topic 842 defines a lease as a contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration. Control over the use of an identified asset means that the customer has both (1) the right to obtain substantially all of the economic benefits from the use of the asset and (2) the right to direct the use of the asset. German American has finance leases for branch offices as well as operating leases for branch offices, ATM locations and certain office equipment. The right-of-use asset is included in the 'Premises, Furniture and Equipment, Net' line of the Consolidated Balance Sheet. The lease liability is included in the 'Accrued Interest Payable and Other Liabilities' line of the Consolidated Balance Sheet. The Company used the implicit lease rate when determining the present value of lease payments for finance leases. The present value of lease payments for operating leases was determined using the incremental borrowing rate as of the date the Company adopted this standard. The components of lease expense were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Finance Lease Cost: Amortization of Right-of -Use Assets $ 52 $ 52 Interest on Lease Liabilities 78 83 Operating Lease Cost 373 369 Short-term Lease Cost — 24 Total Lease Cost $ 503 $ 528 The weighted average lease term and discount rates were as follows: March 31, 2023 March 31, 2022 Weighted Average Remaining Lease Term: Finance Leases 4 years 10 years Operating Leases 7 years 8 years Weighted Average Discount Rate: Finance Leases 7.58 % 11.44 % Operating Leases 2.82 % 2.90 % Supplemental balance sheet information related to leases were as follows: March 31, 2023 March 31, 2022 Finance Leases Premises, Furniture and Equipment, Net $ 1,805 $ 2,015 Other Borrowings 2,806 3,004 Operating Leases Operating Lease Right-of-Use Assets $ 5,971 $ 7,128 Operating Lease Liabilities 6,127 7,249 Supplemental cash flow information related to leases were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Cash paid for amounts in the Measurement of Lease liabilities: Operating Cash Flows from Finance Leases $ 78 $ 83 Operating Cash Flows from Operating Leases 366 337 Financing Cash Flows from Finance Leases 50 45 The following table presents a maturity analysis of Finance and Operating Lease Liabilities: March 31, 2023 Finance Leases Operating Leases Year 1 $ 519 $ 1,325 Year 2 519 1,159 Year 3 519 951 Year 4 519 800 Year 5 465 645 Thereafter 1,838 1,953 Total Lease Payments 4,379 6,833 Less Imputed Interest (1,573) (706) Total $ 2,806 $ 6,127
Leases	Leases At the inception of a contract, an entity should determine whether the contract contains a lease. Topic 842 defines a lease as a contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration. Control over the use of an identified asset means that the customer has both (1) the right to obtain substantially all of the economic benefits from the use of the asset and (2) the right to direct the use of the asset. German American has finance leases for branch offices as well as operating leases for branch offices, ATM locations and certain office equipment. The right-of-use asset is included in the 'Premises, Furniture and Equipment, Net' line of the Consolidated Balance Sheet. The lease liability is included in the 'Accrued Interest Payable and Other Liabilities' line of the Consolidated Balance Sheet. The Company used the implicit lease rate when determining the present value of lease payments for finance leases. The present value of lease payments for operating leases was determined using the incremental borrowing rate as of the date the Company adopted this standard. The components of lease expense were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Finance Lease Cost: Amortization of Right-of -Use Assets $ 52 $ 52 Interest on Lease Liabilities 78 83 Operating Lease Cost 373 369 Short-term Lease Cost — 24 Total Lease Cost $ 503 $ 528 The weighted average lease term and discount rates were as follows: March 31, 2023 March 31, 2022 Weighted Average Remaining Lease Term: Finance Leases 4 years 10 years Operating Leases 7 years 8 years Weighted Average Discount Rate: Finance Leases 7.58 % 11.44 % Operating Leases 2.82 % 2.90 % Supplemental balance sheet information related to leases were as follows: March 31, 2023 March 31, 2022 Finance Leases Premises, Furniture and Equipment, Net $ 1,805 $ 2,015 Other Borrowings 2,806 3,004 Operating Leases Operating Lease Right-of-Use Assets $ 5,971 $ 7,128 Operating Lease Liabilities 6,127 7,249 Supplemental cash flow information related to leases were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Cash paid for amounts in the Measurement of Lease liabilities: Operating Cash Flows from Finance Leases $ 78 $ 83 Operating Cash Flows from Operating Leases 366 337 Financing Cash Flows from Finance Leases 50 45 The following table presents a maturity analysis of Finance and Operating Lease Liabilities: March 31, 2023 Finance Leases Operating Leases Year 1 $ 519 $ 1,325 Year 2 519 1,159 Year 3 519 951 Year 4 519 800 Year 5 465 645 Thereafter 1,838 1,953 Total Lease Payments 4,379 6,833 Less Imputed Interest (1,573) (706) Total $ 2,806 $ 6,127

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	The accounting and reporting policies of German American Bancorp, Inc. and its subsidiaries (hereinafter collectively referred to as the "Company") conform to U.S. generally accepted accounting principles. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the periods reported have been included in the accompanying unaudited consolidated financial statements, and all such adjustments are of a normal recurring nature.
Recently Adopted Accounting Guidance	Recently Adopted Accounting Guidance In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. In January 2021, the FASB issued ASU 2021-01 which clarifies that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The Company has discontinued originating LIBOR based loans and has a plan in place to transition LIBOR indexed loans primarily to term SOFR or other indices. On March 31, 2022, the FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” which eliminates the troubled debt restructuring recognition and measurement guidance and instead requires an entity to evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendments also enhance existing disclosures and include new disclosure requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. To improve consistency for vintage disclosures, the ASU requires that public business entities disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20. For entities that have adopted ASU 2016-13, the amendments are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For entities that have not adopted ASU 2016-13, the effective dates for the amendments are the same as the effective dates in ASU 2016-13. Early adoption is permitted if ASU 2016-13 has been adopted, including adoption in an interim period. If an entity elects to adopt the amendments in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes the interim period. The Company adopted the new guidance prospectively with no material impact to the consolidated financial statements. The SEC released Staff Accounting Bulletin No. 121 (“SAB 121”) on March 31, 2022,, which provides interpretive guidance regarding the accounting for obligations to safeguard crypto-assets an entity holds for its customers, either directly through an agent or another third party acting on its behalf. SAB 121 requires an entity to recognize a liability on its balance sheet to reflect the obligation to safeguard the crypto-assets of others, along with a corresponding safeguarding asset, both of which are measured at fair value. The Company has completed an evaluation and concluded that it does not have a safeguarding obligation under SAB 121 and therefore the disclosures do not apply.
Credit Quality Indicators	Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company classifies loans as to credit risk by individually analyzing loans. This analysis includes commercial and industrial loans, commercial real estate loans, and agricultural loans with an outstanding balance greater than $250. This analysis is typically performed on at least an annual basis. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
Allowance for Credit Losses for Loans	The Company utilizes the Static Pool methodology in determining expected future credit losses. Static pool analysis means segmenting and tracking loans over a period of time based on similar risk characteristics such as loan structure, collateral type, industry of borrower and concentrations, contractual terms and credit risk indicators. Static pool calculates a loss rate on a closed pool of loans that existed on a specified start date based upon the remaining life of each segment. The Company’s expected loss estimate is anchored in historical credit loss experience, with an emphasis on all available portfolio data. The Company's historical look-back period includes January 2014 through the current period, on a monthly basis. Qualitative reserves reflect management’s overall estimate of the extent to which current expected credit losses on collectively evaluated loans will differ from historical loss experience. The analysis takes into consideration industry and collateral concentrations, acquired loan portfolio characteristics and other credit-related analytics as deemed appropriate. Management attempts to quantify qualitative reserves whenever possible. The Company estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Historical loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for changes in underwriting standards, portfolio mix, delinquency level, changes in environmental conditions, unemployment rates, risk classifications and collateral values. The allowance for credit losses is measured on a collective (pooled) basis when similar risk characteristics exist. Based on the potential increased losses related to the advancing stress on the economy as a result of inflationary pressures, rising interest rates and financial market volatility, the Company has considered this loss experience may align with loss experience from the recessionary period from 2008-2011 and qualitative adjustments have been made accordingly. Loans that do not share risk characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective evaluation. When the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date adjusted for selling costs. For the three months ended March 31, 2023, the allowance for credit losses remained constant. Key indicators utilized in forecasting for the allowance calculations include unemployment rates and gross domestic product. There has been some improvement in these factors over previous periods; however, rising interest rates and the expanded inflationary impact on consumer discretionary spending were considered in the qualitative factors to determine the allowance for credit losses. All classes of loans, including loans acquired with deteriorated credit quality, are generally placed on non-accrual status when scheduled principal or interest payments are past due for 90 days or more or when the borrower’s ability to repay becomes doubtful. For purchased loans, the determination is made at the time of acquisition as well as over the life of the loan. Uncollected accrued interest for each class of loans is reversed against income at the time a loan is placed on non-accrual. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. All classes of loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans are typically charged-off at 180 days past due, or earlier if deemed uncollectible. Exceptions to the non-accrual and charge-off policies are made when the loan is well secured and in the process of collection.
Segment Information	Segment Information The Company’s operations include three primary segments: core banking, wealth management services, and insurance operations. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Company’s local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The wealth management segment involves providing trust, investment advisory, brokerage and retirement planning services to customers. The insurance segment offers a full range of personal and corporate property and casualty insurance products, primarily in the Company’s banking subsidiary’s local markets. The core banking segment is comprised by the Company’s banking subsidiary, German American Bank, which operated through 77 banking offices at March 31, 2023. Net interest income from loans and investments funded by deposits and borrowings is the primary revenue for the core-banking segment. The wealth management segment’s revenues are comprised primarily of fees generated by the trust operations of the Company’s banking subsidiary and by German American Investment Services, Inc. These fees are derived by providing trust, investment advisory, brokerage and retirement planning services to its customers. The insurance segment primarily consists of German American Insurance, Inc., which provides a full line of personal and corporate insurance products. Commissions derived from the sale of insurance products are the primary source of revenue for the insurance segment.
Fair Value	Fair Value Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: Investment Securities: The fair values for investment securities are determined by quoted market prices, if available (Level 1). For investment securities where quoted prices are not available, fair values are calculated based on market prices of similar investment securities (Level 2). For investment securities where quoted prices or market prices of similar investment securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Level 3 pricing is obtained from a third-party based upon similar trades that are not traded frequently without adjustment by the Company. At March 31, 2023, the Company held $83 in Level 3 securities which consist of non-rated Obligations of State and Political Subdivisions and $917 in Level 3 securities which consist of non-rated MBS/CMO. Absent the credit rating, significant assumptions must be made such that the credit risk input becomes an unobservable input and thus these investment securities are reported by the Company in a Level 3 classification. Derivatives: The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). Individually Analyzed Loans: Fair values for collateral dependent loans are generally based on appraisals obtained from licensed real estate appraisers and in certain circumstances includes consideration of offers obtained to purchase properties prior to foreclosure. Appraisals for commercial real estate generally use three methods to derive value: cost, sales or market comparison and income approach. The cost method bases value in the cost to replace the current property. Value of market comparison approach evaluates the sales price of similar properties in the same market area. The income approach considers net operating income generated by the property and an investor's required return. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Comparable sales adjustments are based on known sales prices of similar type and similar use properties and duration of time that the property has been on the market to sell. Such adjustments made in the appraisal process are typically significant and result in a Level 3 classification of the inputs for determining fair value. Appraisals for both collateral-dependent loans and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the Company’s Risk Management Area reviews the assumptions and approaches utilized in the appraisal. In determining the value of collateral dependent loans and other real estate owned, significant unobservable inputs may be used which include: physical condition of comparable properties sold, net operating income generated by the property and investor rates of return. Other Real Estate: Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate are measured at the lower of carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property utilizing similar techniques as discussed above for Individually Analyzed Loans, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, impairment loss is recognized. Loans Held-for-Sale: The fair values of loans held for sale are determined by using quoted prices for similar assets, adjusted for specific attributes of that loan resulting in a Level 2 classification.
Revenue Recognition	A description of the Company’s revenue streams accounted for under Topic 606 follows: Service Charges on Deposit Accounts : The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as stop payment charges and statement rendering, are recognized at the time the transaction is executed (the point in time the Company fills the customer's request). Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Interchange Fee Income: The Company earns interchange fees from debit/credit cardholder transactions conducted through various payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Wealth Management Fees: The Company earns wealth management fees from its contracts with trust and brokerage customers to manage assets for investment and/or to transact their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on the market value of assets under management at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed (trade date). Insurance Revenues : The Company earns insurance revenue from commissions derived from the sale of personal and corporate property and casualty insurance products. These commissions are primarily earned over time as the Company provides the contracted insurance product to customers.
Leases	Leases At the inception of a contract, an entity should determine whether the contract contains a lease. Topic 842 defines a lease as a contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration. Control over the use of an identified asset means that the customer has both (1) the right to obtain substantially all of the economic benefits from the use of the asset and (2) the right to direct the use of the asset. German American has finance leases for branch offices as well as operating leases for branch offices, ATM locations and certain office equipment. The right-of-use asset is included in the 'Premises, Furniture and Equipment, Net' line of the Consolidated Balance Sheet. The lease liability is included in the 'Accrued Interest Payable and Other Liabilities' line of the Consolidated Balance Sheet. The Company used the implicit lease rate when determining the present value of lease payments for finance leases. The present value of lease payments for operating leases was determined using the incremental borrowing rate as of the date the Company adopted this standard.

Per Share Data (Tables)

Per Share Data (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Computations of Basic Earnings per Share and Diluted Earnings per Share	The computation of Basic Earnings per Share and Diluted Earnings per Share are as follows: Three Months Ended 2023 2022 Basic Earnings per Share: Net Income $ 20,807 $ 9,067 Weighted Average Shares Outstanding 29,507,446 29,403,052 Basic Earnings per Share $ 0.71 $ 0.31 Diluted Earnings per Share: Net Income $ 20,807 $ 9,067 Weighted Average Shares Outstanding 29,507,446 29,403,052 Potentially Dilutive Shares, Net — — Diluted Weighted Average Shares Outstanding 29,507,446 29,403,052 Diluted Earnings per Share $ 0.71 $ 0.31

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Securities Available-for-Sale	The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale were as follows: Securities Available-for-Sale: Amortized Gross Gross Allowance for Credit Losses Fair March 31, 2023 U.S. Treasury $ 1,984 $ 1 $ — $ — $ 1,985 Obligations of State and Political Subdivisions 917,686 1,201 (138,247) — 780,640 MBS/CMO 811,898 — (119,542) — 692,356 US Gov’t Sponsored Entities & Agencies 230,099 — (34,824) — 195,275 Total $ 1,961,667 $ 1,202 $ (292,613) $ — $ 1,670,256 December 31, 2022 U.S. Treasury $ 64,097 $ 22 $ — $ — $ 64,119 Obligations of State and Political Subdivisions 939,193 673 (162,014) — 777,852 MBS/CMO 846,519 — (131,838) — 714,681 US Gov’t Sponsored Entities & Agencies 245,017 — (40,000) — 205,017 Total $ 2,094,826 $ 695 $ (333,852) $ — $ 1,761,669
Schedule of Securities by Contractual Maturity	The amortized cost and fair value of Securities at March 31, 2023 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed Securities are not due at a single maturity date and are shown separately. Securities Available-for-Sale: Amortized Fair Due in one year or less $ 4,154 $ 4,156 Due after one year through five years 14,968 15,055 Due after five years through ten years 56,769 55,364 Due after ten years 843,779 708,050 MBS/CMO 811,898 692,356 US Gov’t Sponsored Entities & Agencies 230,099 195,275 Total $ 1,961,667 $ 1,670,256
Schedule of Proceeds from the Sales of Securities	Proceeds from the Sales of Securities are summarized below: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Proceeds from Sales $ 93,752 $ 91,946 Gross Gains on Sales 2 372 Income Taxes on Gross Gains — 78
Schedule of Securities with Unrealized Losses	Below is a summary of securities with unrealized losses as of March 31, 2023 and December 31, 2022, presented by length of time the securities have been in a continuous unrealized loss position: Less than 12 Months 12 Months or More Total March 31, 2023 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury $ — $ — $ — $ — $ — $ — Obligations of State and Political Subdivisions 89,866 (3,578) 597,155 (134,669) 687,021 (138,247) MBS/CMO 64,508 (3,421) 627,839 (116,121) 692,347 (119,542) US Gov’t Sponsored Entities & Agencies 11,115 (777) 184,161 (34,047) 195,276 (34,824) Total $ 165,489 $ (7,776) $ 1,409,155 $ (284,837) $ 1,574,644 $ (292,613) Less than 12 Months 12 Months or More Total December 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized U.S. Treasury $ — $ — $ — $ — $ — $ — Obligations of State and Political Subdivisions 579,267 (117,423) 122,992 (44,591) 702,259 (162,014) MBS/CMO 240,344 (20,920) 474,327 (110,918) 714,671 (131,838) US Gov’t Sponsored Entities & Agencies 198,702 (38,818) 6,314 (1,182) 205,016 (40,000) Total $ 1,018,313 $ (177,161) $ 603,633 $ (156,691) $ 1,621,946 $ (333,852)

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Interest Rate Swaps Included in Consolidated Balance Sheets	The following table reflects the fair value of derivative instruments included in the Consolidated Balance Sheets as of: March 31, 2023 December 31, 2022 Notional Fair Value Notional Fair Value Included in Other Assets: Interest Rate Swaps $ 133,458 $ 7,886 $ 134,684 $ 9,899 Included in Other Liabilities: Interest Rate Swaps $ 133,458 $ 7,786 $ 134,684 $ 9,749
Schedule of Effect of Derivative Instruments Consolidated Statements of Income	The following table presents the effect of derivative instruments on the Consolidated Statements of Income for the periods presented: Three Months Ended 2023 2022 Interest Rate Swaps: Included in Other Operating Income $ (50) $ 214

Loans (Tables)

Loans (Tables)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Schedule of Loans Classifications	Loans were comprised of the following classifications: March 31, December 31, Commercial: Commercial and Industrial Loans $ 608,870 $ 620,106 Commercial Real Estate Loans 2,000,237 1,966,884 Agricultural Loans 378,587 417,413 Leases 58,436 56,396 Retail: Home Equity Loans 277,576 279,748 Consumer Loans 80,502 79,904 Credit Cards 18,320 17,512 Residential Mortgage Loans 350,338 350,682 Subtotal 3,772,866 3,788,645 Less: Unearned Income (3,994) (3,711) Allowance for Credit Losses (44,315) (44,168) Loans, net $ 3,724,557 $ 3,740,766
Schedule of Allowance for Credit Losses for Loans	The following tables present the activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2023 and 2022: March 31, 2023 Commercial and Industrial Commercial Real Estate Loans Agricultural Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Unallocated Total Allowance for Credit Losses: Beginning balance $ 13,749 $ 21,598 $ 4,188 $ 209 $ 595 $ 1,344 $ 257 $ 2,228 $ — $ 44,168 Provision (Benefit) for credit loss expense 501 402 (301) 18 226 54 125 75 — 1,100 Loans charged-off (733) — — — (345) (14) (120) (26) — (1,238) Recoveries collected 55 62 — — 133 31 1 3 — 285 Total ending allowance balance $ 13,572 $ 22,062 $ 3,887 $ 227 $ 609 $ 1,415 $ 263 $ 2,280 $ — $ 44,315 March 31, 2022 Commercial and Industrial Commercial Real Estate Loans Agricultural Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Unallocated Total Allowance for Credit Losses: Beginning balance $ 9,554 $ 19,245 $ 4,505 $ 200 $ 507 $ 1,061 $ 240 $ 1,705 $ — $ 37,017 Acquisition of Citizens Union Bank of Shelbyville, KY 376 1,945 689 — 2 — — 105 — 3,117 Provision (Benefit) for credit loss expense 2,788 2,095 (435) (4) 225 183 7 341 — 5,200 Loans charged-off (5) (78) — — (210) (37) (39) — — (369) Recoveries collected 7 10 — — 92 — 4 — — 113 Total ending allowance balance $ 12,720 $ 23,217 $ 4,759 $ 196 $ 616 $ 1,207 $ 212 $ 2,151 $ — $ 45,078
Schedule of Non-Accrual and Past Due Loans	The following tables present the amortized cost in non-accrual loans and loans past due over 89 days still accruing by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 Non-Accrual With No Allowance for Credit Loss (1) Total Non-Accrual Loans Past Due Over 89 Days Still Accruing Commercial and Industrial Loans $ 1,384 $ 8,583 $ — Commercial Real Estate Loans 276 1,996 517 Agricultural Loans 956 1,312 581 Leases — — — Home Equity Loans 555 665 — Consumer Loans 6 14 — Credit Cards 145 145 — Residential Mortgage Loans 515 780 — Total $ 3,837 $ 13,495 $ 1,098 (1) Non-accrual loans with no allowance for credit loss and are also included in Total Non-Accrual loans of $13,495. December 31, 2022 Non-Accrual With No Allowance for Credit Loss (1) Total Non-Accrual Loans Past Due Over 89 Days Still Accruing Commercial and Industrial Loans $ 1,142 $ 7,936 $ 1,427 Commercial Real Estate Loans 49 1,950 — Agricultural Loans 994 1,062 — Leases — — — Home Equity Loans 262 310 — Consumer Loans 240 254 — Credit Cards 146 146 — Residential Mortgage Loans 676 1,230 — Total $ 3,509 $ 12,888 $ 1,427
Schedule or Collateral-dependent Loans by Class	The following tables present the amortized cost basis of collateral-dependent loans by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 Real Estate Equipment Accounts Receivable Other Total Commercial and Industrial Loans $ 2,079 $ 962 $ 242 $ 6,803 $ 10,086 Commercial Real Estate Loans 11,612 36 — — 11,648 Agricultural Loans 4,816 312 — — 5,128 Leases — — — — — Home Equity Loans 530 — — — 530 Consumer Loans 8 4 — 3 15 Credit Cards — — — — — Residential Mortgage Loans 874 — — — 874 Total $ 19,919 $ 1,314 $ 242 $ 6,806 $ 28,281 December 31, 2022 Real Estate Equipment Accounts Receivable Other Total Commercial and Industrial Loans $ 2,078 $ 1,219 $ 272 $ 5,851 $ 9,420 Commercial Real Estate Loans 12,192 36 — — 12,228 Agricultural Loans 4,944 318 — — 5,262 Leases — — — — — Home Equity Loans 467 — — — 467 Consumer Loans 8 2 — 12 22 Credit Cards — — — — — Residential Mortgage Loans 1,060 — — — 1,060 Total $ 20,749 $ 1,575 $ 272 $ 5,863 $ 28,459
Schedule of Aging of Past Due Loans	The following tables present the aging of the amortized cost basis in past due loans by class of loans as of March 31, 2023 and December 31, 2022: March 31, 2023 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Loans Not Past Due Total Commercial and Industrial Loans $ 1,165 $ 221 $ 6,916 $ 8,302 $ 600,568 $ 608,870 Commercial Real Estate Loans 1,870 121 1,363 3,354 1,996,883 2,000,237 Agricultural Loans 1,465 69 1,322 2,856 375,731 378,587 Leases — — — — 58,436 58,436 Home Equity Loans 1,571 230 665 2,466 275,110 277,576 Consumer Loans 255 51 13 319 80,183 80,502 Credit Cards 150 39 145 334 17,986 18,320 Residential Mortgage Loans 5,437 201 552 6,190 344,148 350,338 Total $ 11,913 $ 932 $ 10,976 $ 23,821 $ 3,749,045 $ 3,772,866 December 31, 2022 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Loans Not Past Due Total Commercial and Industrial Loans $ 268 $ 681 $ 8,285 $ 9,234 $ 610,872 $ 620,106 Commercial Real Estate Loans 1,617 14 616 2,247 1,964,637 1,966,884 Agricultural Loans 343 — 123 466 416,947 417,413 Leases — — — — 56,396 56,396 Home Equity Loans 1,770 140 310 2,220 277,528 279,748 Consumer Loans 219 64 252 535 79,369 79,904 Credit Cards 86 24 146 256 17,256 17,512 Residential Mortgage Loans 6,330 2,783 1,051 10,164 340,518 350,682 Total $ 10,633 $ 3,706 $ 10,783 $ 25,122 $ 3,763,523 $ 3,788,645
Schedule of Risk Category of Loans	Based on the analysis performed at March 31, 2023 and December 31, 2022, the risk category of loans by class of loans is as follows: Term Loans Amortized Cost Basis by Origination Year As of March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Commercial and Industrial: Risk Rating Pass $ 23,934 $ 151,024 $ 103,507 $ 36,957 $ 42,665 $ 64,882 $ 155,521 $ 578,490 Special Mention — 55 574 713 673 1,649 1,990 5,654 Substandard — 1,171 5,403 479 1,223 2,425 14,025 24,726 Doubtful — — — — — — — — Total Commercial & Industrial Loans $ 23,934 $ 152,250 $ 109,484 $ 38,149 $ 44,561 $ 68,956 $ 171,536 $ 608,870 Current Period Gross Charge-Offs $ — $ 520 $ 32 $ 30 $ — $ 50 $ 101 $ 733 Commercial Real Estate: Risk Rating Pass $ 64,742 $ 414,758 $ 488,827 $ 249,845 $ 158,968 $ 530,615 $ 33,620 $ 1,941,375 Special Mention — 3,953 1,413 4,816 133 35,707 — 46,022 Substandard — 210 5,131 551 1,398 5,438 112 12,840 Doubtful — — — — — — — — Total Commercial Real Estate Loans $ 64,742 $ 418,921 $ 495,371 $ 255,212 $ 160,499 $ 571,760 $ 33,732 $ 2,000,237 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Agricultural: Risk Rating Pass $ 10,620 $ 61,039 $ 45,959 $ 45,512 $ 24,363 $ 109,918 $ 47,769 $ 345,180 Special Mention 1,608 333 833 5,991 2,837 12,289 3,139 27,030 Substandard — — 208 625 419 5,100 25 6,377 Doubtful — — — — — — — — Total Agricultural Loans $ 12,228 $ 61,372 $ 47,000 $ 52,128 $ 27,619 $ 127,307 $ 50,933 $ 378,587 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Leases: Risk Rating Pass $ 8,085 $ 8,904 $ 13,392 $ 18,227 $ 7,050 $ 2,778 $ — $ 58,436 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Leases $ 8,085 $ 8,904 $ 13,392 $ 18,227 $ 7,050 $ 2,778 $ — $ 58,436 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ — $ — $ — Term Loans Amortized Cost Basis by Origination Year As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Commercial and Industrial: Risk Rating Pass $ 156,318 $ 117,648 $ 39,949 $ 46,505 $ 18,423 $ 51,482 $ 154,203 $ 584,528 Special Mention 56 148 577 78 551 2,346 1,672 5,428 Substandard 1,714 5,629 849 1,304 1,028 2,237 17,389 30,150 Doubtful — — — — — — — — Total Commercial & Industrial Loans $ 158,088 $ 123,425 $ 41,375 $ 47,887 $ 20,002 $ 56,065 $ 173,264 $ 620,106 Commercial Real Estate: Risk Rating Pass $ 398,631 $ 490,747 $ 261,462 $ 162,701 $ 129,151 $ 427,433 $ 35,163 $ 1,905,288 Special Mention 3,982 1,568 4,612 135 13,689 25,371 — 49,357 Substandard — 4,628 489 1,415 979 4,728 — 12,239 Doubtful — — — — — — — — Total Commercial Real Estate Loans $ 402,613 $ 496,943 $ 266,563 $ 164,251 $ 143,819 $ 457,532 $ 35,163 $ 1,966,884 Agricultural: Risk Rating Pass $ 62,673 $ 47,682 $ 47,355 $ 25,431 $ 21,728 $ 92,344 $ 83,862 $ 381,075 Special Mention 634 842 6,066 4,149 2,355 11,440 4,310 29,796 Substandard — 210 628 429 85 5,190 — 6,542 Doubtful — — — — — — — — Total Agricultural Loans $ 63,307 $ 48,734 $ 54,049 $ 30,009 $ 24,168 $ 108,974 $ 88,172 $ 417,413 Leases: Risk Rating Pass $ 20,057 $ 14,461 $ 9,648 $ 8,901 $ 1,851 $ 1,478 $ — $ 56,396 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Leases $ 20,057 $ 14,461 $ 9,648 $ 8,901 $ 1,851 $ 1,478 $ — $ 56,396
Schedule of Residential, Home Equity and Consumer Loans Based on Payment Activity	The following tables present the amortized cost in residential, home equity and consumer loans based on payment activity. Term Loans Amortized Cost Basis by Origination Year As of March 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Amortized Cost Basis Total Consumer: Payment performance Performing $ 13,674 $ 38,471 $ 16,603 $ 4,811 $ 1,969 $ 2,751 $ 2,209 $ 80,488 Nonperforming — 6 4 3 — 1 — 14 Total Consumer Loans $ 13,674 $ 38,477 $ 16,607 $ 4,814 $ 1,969 $ 2,752 $ 2,209 $ 80,502 Current Period Gross Charge-Offs $ 179 $ 126 $ 20 $ 16 $ 3 $ 1 $ — $ 345 Home Equity: Payment performance Performing $ — $ 74 $ 153 $ 91 $ — $ 861 $ 275,732 $ 276,911 Nonperforming — 40 271 — 68 223 63 665 Total Home Equity Loans $ — $ 114 $ 424 $ 91 $ 68 $ 1,084 $ 275,795 $ 277,576 Current Period Gross Charge-Offs $ — $ — $ — $ — $ — $ 4 $ 10 $ 14 Residential Mortgage: Payment performance Performing $ 12,701 $ 69,799 $ 93,206 $ 44,964 $ 19,267 $ 109,621 $ — $ 349,558 Nonperforming — — 140 208 109 323 — 780 Total Residential Mortgage Loans $ 12,701 $ 69,799 $ 93,346 $ 45,172 $ 19,376 $ 109,944 $ — $ 350,338 Current Period Gross Charge-Offs $ — $ — $ 21 $ 5 $ — $ — $ — $ 26 Term Loans Amortized Cost Basis by Origination Year As of December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Amortized Cost Basis Total Consumer: Payment performance Performing $ 42,685 $ 22,708 $ 5,610 $ 2,394 $ 1,543 $ 1,553 $ 3,157 $ 79,650 Nonperforming 3 19 212 8 2 10 — 254 Total Consumer Loans $ 42,688 $ 22,727 $ 5,822 $ 2,402 $ 1,545 $ 1,563 $ 3,157 $ 79,904 Home Equity: Payment performance Performing $ 63 $ — $ — $ — $ — $ 591 $ 278,784 $ 279,438 Nonperforming — 20 — — 19 1 270 310 Total Home Equity Loans $ 63 $ 20 $ — $ — $ 19 $ 592 $ 279,054 $ 279,748 Residential Mortgage: Payment performance Performing $ 69,982 $ 97,176 $ 46,851 $ 20,080 $ 16,664 $ 98,699 $ — $ 349,452 Nonperforming — 161 253 — 78 738 — 1,230 Total Residential Mortgage Loans $ 69,982 $ 97,337 $ 47,104 $ 20,080 $ 16,742 $ 99,437 $ — $ 350,682
Schedule of Recorded Investment in Credit Cards Based on Payment Activity	The following table presents the recorded investment in credit cards based on payment activity: Credit Cards March 31, 2023 December 31, 2022 Performing $ 18,175 $ 17,366 Nonperforming 145 146 Total $ 18,320 $ 17,512
Schedule of Loans Purchased and/or Sold During the Year	The following tables present loans purchased and/or sold during the year by portfolio segment and excludes the business combination activity: March 31, 2023 Commercial and Industrial Loans Commercial Real Estate Loans Agricultural Loans Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Total Purchases $ — $ — $ — $ — $ — $ — $ — $ — $ — Sales — — — — — — — — — December 31, 2022 Commercial and Industrial Loans Commercial Real Estate Loans Agricultural Loans Leases Consumer Loans Home Equity Loans Credit Cards Residential Mortgage Loans Total Purchases $ 522 $ 411 $ — $ — $ — $ — $ — $ — $ 933 Sales — 3,819 97 — — — — — 3,916

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Financial Information	The following segment financial information has been derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments. Core Wealth Management Services Insurance Other Consolidated Totals Three Months Ended March 31, 2023 Net Interest Income $ 50,141 $ 25 $ 14 $ (1,171) $ 49,009 Net Gains on Sales of Loans 587 — — — 587 Net Gains on Securities 2 — — — 2 Wealth Management Fees 2 2,642 — — 2,644 Insurance Revenues 1 17 3,117 — 3,135 Noncash Items: Provision (Benefit) for Credit Losses 1,100 — — — 1,100 Depreciation and Amortization 2,293 10 12 114 2,429 Income Tax Expense (Benefit) 4,401 130 227 (305) 4,453 Segment Profit (Loss) 20,565 606 1,061 (1,425) 20,807 Segment Assets at March 31, 2023 5,990,410 9,260 15,346 (18,097) 5,996,919 Core Wealth Management Services Insurance Other Consolidated Totals Three Months Ended March 31, 2022 Net Interest Income $ 47,665 $ 5 $ 3 $ (765) $ 46,908 Net Gains on Sales of Loans 1,421 — — — 1,421 Net Gains on Securities 372 — — — 372 Wealth Management Fees 1 2,637 — — 2,638 Insurance Revenues 27 1 3,693 — 3,721 Noncash Items: Provision (Benefit) for Credit Losses 5,200 — — — 5,200 Depreciation and Amortization 2,518 10 12 114 2,654 Income Tax Expense (Benefit) 616 204 450 (601) 669 Segment Profit (Loss) 8,429 640 1,429 (1,431) 9,067 Segment Assets at December 31, 2022 6,152,346 8,846 14,706 (19,907) 6,155,991

Equity Plans and Equity Based_2

Equity Plans and Equity Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Expense Recorded for Restricted Stock and Cash Entitlements	The following table presents expense recorded for restricted stock and cash entitlements as well as the related tax information for the periods presented: Three Months Ended March 31, 2023 2022 Restricted Stock Expense $ 539 $ 424 Cash Entitlement Expense 182 165 Tax Effect (187) (153) Net of Tax $ 534 $ 436

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below: Fair Value Measurements at March 31, 2023 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Total Assets: U.S. Treasury $ 1,985 $ — $ — $ 1,985 Obligations of State and Political Subdivisions — 780,557 83 780,640 MBS/CMO — 691,439 917 692,356 US Gov’t Sponsored Entities & Agencies — 195,275 — 195,275 Total Securities $ 1,985 $ 1,667,271 $ 1,000 $ 1,670,256 Loans Held-for-Sale $ — $ 6,011 $ — $ 6,011 Derivative Assets $ — $ 7,886 $ — $ 7,886 Derivative Liabilities $ — $ 7,786 $ — $ 7,786 Fair Value Measurements at December 31, 2022 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Total Assets: U.S. Treasury $ 64,119 $ — $ — $ 64,119 Obligations of State and Political Subdivisions — 777,769 83 777,852 MBS/CMO — 713,775 906 714,681 US Gov’t Sponsored Entities & Agencies — 205,017 — 205,017 Total Securities $ 64,119 $ 1,696,561 $ 989 $ 1,761,669 Loans Held-for-Sale $ — $ 8,600 $ — $ 8,600 Derivative Assets $ — $ 9,899 $ — $ 9,899 Derivative Liabilities $ — $ 9,749 $ — $ 9,749
Schedule of Aggregate Fair Value, Contractual Balance and Gain (Loss) of Loans Held-for-Sale	As of March 31, 2023 and December 31, 2022, the aggregate fair value, contractual balance (including accrued interest), and gain or loss on Loans Held-for-Sale was as follows: March 31, 2023 December 31, 2022 Aggregate Fair Value $ 6,011 $ 8,600 Contractual Balance 5,914 8,474 Gain (Loss) 97 126
Schedule of Reconciliation of all Assets Measured at Fair Value on Recurring Basis, Using Significant Unobservable Inputs (Level 3)	The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2023 and 2022: Obligations of State and Political Subdivisions MBS/CMO 2023 2022 2023 2022 Balance of Recurring Level 3 Assets at January 1 $ 83 $ — $ 906 $ — Total Gains Included in Other Comprehensive Income — — 11 — Maturities / Calls — — — — Acquired through Bank Acquisition — 100 — — Balance of Recurring Level 3 Assets at March 31 $ 83 $ 100 $ 917 $ —
Schedule of Assets and Liabilities Measured at Fair Value on Non-Recurring Basis	Assets and liabilities measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements at March 31, 2023 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Total Assets: Individually Analyzed Loans Commercial and Industrial Loans $ — $ — $ 1,737 $ 1,737 Commercial Real Estate Loans $ — $ — $ 8,957 $ 8,957 Agricultural Loans $ — $ — $ 2,909 $ 2,909 Consumer Loans $ — $ — $ 9 $ 9 Home Equity Loans $ — $ — $ 406 $ 406 Residential Mortgage Loans $ — $ — $ 555 $ 555 Fair Value Measurements at December 31, 2022 Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Total Assets: Individually Analyzed Loans Commercial and Industrial Loans $ — $ — $ 1,858 $ 1,858 Commercial Real Estate Loans $ — $ — $ 10,040 $ 10,040 Agricultural Loans $ — $ — $ 2,970 $ 2,970 Consumer Loans $ — $ — $ 8 $ 8 Home Equity Loans $ — $ — $ 368 $ 368 Residential Mortgage Loans $ — $ — $ 718 $ 718
Schedule of Fair Value Assets and Liabilities Measured on Nonrecurring Basis Valuation Techniques	The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at March 31, 2023 and December 31, 2022: March 31, 2023 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) Individual Analyzed Loans - $ 1,737 Sales comparison approach Adjustment for physical condition of comparable properties sold 0%-100% (41%) Individual Analyzed Loans - $ 8,957 Sales comparison approach Adjustment for physical condition of comparable properties sold 25%-68% (37%) Individual Analyzed Loans - $ 2,909 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (49%) Individual Analyzed Loans - $ 9 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (20%) Individual Analyzed Loans - $ 406 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (31%) Individual Analyzed Loans - $ 555 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (20%) December 31, 2022 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) Individual Analyzed Loans - $ 1,858 Sales comparison approach Adjustment for physical condition of comparable properties sold 0%-100% (40%) Individual Analyzed Loans - $ 10,040 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (37%) Individual Analyzed Loans - $ 2,970 Sales comparison approach Adjustment for physical condition of comparable properties sold 30%-100% (48%) Individual Analyzed Loans - $ 8 Sales comparison approach Adjustment for physical condition of comparable properties sold 27%-100% (20%) Individual Analyzed Loans - $ 368 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-51% (20%) Individual Analyzed Loans - $ 718 Sales comparison approach Adjustment for physical condition of comparable properties sold 20%-100% (21%)
Schedule of Carrying Amounts and Estimated Fair Values of Company's Financial Instruments	The carrying amounts and estimated fair values of the Company’s financial instruments not previously presented are provided in the tables below for the periods ending March 31, 2023 and December 31, 2022. Not all of the Company’s assets and liabilities are considered financial instruments, and therefore are not included in the tables. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates were based on subjective judgments, and therefore cannot be determined with precision. Fair Value Measurements at Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Short-term Investments $ 80,295 $ 70,506 $ 9,789 $ — $ 80,295 Interest Bearing Time Deposits with Banks 500 — 500 — 500 Loans, Net 3,709,984 — — 3,622,113 3,622,113 Accrued Interest Receivable 26,279 — 10,038 16,241 26,279 Financial Liabilities: Demand, Savings, and Money Market Deposits (4,640,599) (4,640,599) — — (4,640,599) Time Deposits (514,296) — (510,596) — (510,596) Short-term Borrowings (88,324) (30,000) (58,324) — (88,324) Long-term Debt (102,728) — (27,006) (72,800) (99,806) Accrued Interest Payable (2,841) — (2,511) (330) (2,841) Fair Value Measurements at Carrying Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and Short-term Investments $ 119,079 $ 77,174 $ 41,905 $ — $ 119,079 Interest Bearing Time Deposits with Banks 500 — 500 — 500 Loans, Net 3,724,804 — — 3,688,903 3,688,903 Accrued Interest Receivable 27,741 38 10,863 16,840 27,741 Financial Liabilities: Demand, Savings, and Money Market Deposits (4,921,582) (4,921,582) — — (4,921,582) Time Deposits (428,469) — (426,184) — (426,184) Short-term Borrowings (101,161) (36,200) (64,961) — (101,161) Long-term Debt (102,645) — (26,830) (72,272) (99,102) Accrued Interest Payable (1,513) — (1,205) (308) (1,513)

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)	The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 and 2022, net of tax: March 31, 2023 Unrealized Gains and Losses on Available-for-Sale Securities Postretirement Benefit Items Total Beginning Balance at January 1, 2023 $ (262,924) $ (514) $ (263,438) Other Comprehensive Income (Loss) Before Reclassification 32,948 — 32,948 Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (2) — (2) Net Current Period Other Comprehensive Income (Loss) 32,946 — 32,946 Ending Balance at March 31, 2023 $ (229,978) $ (514) $ (230,492) March 31, 2022 Unrealized Gains and Losses on Available-for-Sale Securities Postretirement Benefit Items Total Beginning Balance at January 1, 2022 $ 16,052 $ (568) $ 15,484 Other Comprehensive Income (Loss) Before Reclassification (133,591) — (133,591) Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (294) — (294) Net Current Period Other Comprehensive Income (Loss) (133,885) — (133,885) Ending Balance at March 31, 2022 $ (117,833) $ (568) $ (118,401)
Schedule of Classifications Out of Accumulated Other Comprehensive Income (Loss)	The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 and 2022: Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified From Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on $ 2 Net Gains on Securities — Income Tax Expense 2 Net of Tax Total Reclassifications for the Three $ 2 Details about Accumulated Other Comprehensive Income (Loss) Components Amount Reclassified From Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Statement Where Net Income is Presented Unrealized Gains and Losses on $ 372 Net Gains on Securities (78) Income Tax Expense 294 Net of Tax Total Reclassifications for the Three $ 294

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Non-interest Income, Segregated by Revenue Stream	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), for the three months ended March 31, 2023 and 2022. Wealth management fees are included in the wealth management services segment while insurance revenues are included in the insurance segment. All other revenue streams are primarily included in the banking segment. Three Months Ended March 31, Non-interest Income 2023 2022 In-Scope of Topic 606: Wealth Management Fees $ 2,644 $ 2,638 Service Charges on Deposit Accounts 2,788 2,683 Insurance Revenues 3,135 3,721 Interchange Fee Income 4,199 3,627 Other Operating Income 753 758 Non-interest Income (in-scope of Topic 606) 13,519 13,427 Non-interest Income (out-of-scope of Topic 606) 1,448 2,761 Total Non-interest Income $ 14,967 $ 16,188

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2023
Leases [Abstract]
Schedule of Components of Lease Expense, Weighted Average Remaining Lease Term, Discount Rates and Supplemental Cash Flow Information	The components of lease expense were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Finance Lease Cost: Amortization of Right-of -Use Assets $ 52 $ 52 Interest on Lease Liabilities 78 83 Operating Lease Cost 373 369 Short-term Lease Cost — 24 Total Lease Cost $ 503 $ 528 The weighted average lease term and discount rates were as follows: March 31, 2023 March 31, 2022 Weighted Average Remaining Lease Term: Finance Leases 4 years 10 years Operating Leases 7 years 8 years Weighted Average Discount Rate: Finance Leases 7.58 % 11.44 % Operating Leases 2.82 % 2.90 % Supplemental cash flow information related to leases were as follows: Three Months Ended Three Months Ended March 31, 2023 March 31, 2022 Cash paid for amounts in the Measurement of Lease liabilities: Operating Cash Flows from Finance Leases $ 78 $ 83 Operating Cash Flows from Operating Leases 366 337 Financing Cash Flows from Finance Leases 50 45
Schedule of Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases were as follows: March 31, 2023 March 31, 2022 Finance Leases Premises, Furniture and Equipment, Net $ 1,805 $ 2,015 Other Borrowings 2,806 3,004 Operating Leases Operating Lease Right-of-Use Assets $ 5,971 $ 7,128 Operating Lease Liabilities 6,127 7,249
Schedule of Maturity of Finance Lease Liabilities	The following table presents a maturity analysis of Finance and Operating Lease Liabilities: March 31, 2023 Finance Leases Operating Leases Year 1 $ 519 $ 1,325 Year 2 519 1,159 Year 3 519 951 Year 4 519 800 Year 5 465 645 Thereafter 1,838 1,953 Total Lease Payments 4,379 6,833 Less Imputed Interest (1,573) (706) Total $ 2,806 $ 6,127
Schedule of Maturity of Operating Lease Liabilities	The following table presents a maturity analysis of Finance and Operating Lease Liabilities: March 31, 2023 Finance Leases Operating Leases Year 1 $ 519 $ 1,325 Year 2 519 1,159 Year 3 519 951 Year 4 519 800 Year 5 465 645 Thereafter 1,838 1,953 Total Lease Payments 4,379 6,833 Less Imputed Interest (1,573) (706) Total $ 2,806 $ 6,127

Per Share Data (Details)

Per Share Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Basic Earnings per Share:
Net Income	$ 20,807	$ 9,067
Weighted Average Shares Outstanding (in shares)	29,507,446	29,403,052
Basic Earnings per Share (in dollars per share)	$ 0.71	$ 0.31
Diluted Earnings per Share:
Net Income	$ 20,807	$ 9,067
Weighted Average Shares Outstanding (in shares)	29,507,446	29,403,052
Potentially Dilutive Shares, Net (in shares)	0	0
Diluted Weighted Average Shares Outstanding (in shares)	29,507,446	29,403,052
Diluted Earnings per Share (in dollars per share)	$ 0.71	$ 0.31
Anti-dilutive securities excluded from computation of earnings per share (in shares)	0	0

Securities - Schedule of Securi

Securities - Schedule of Securities Available-for-Sale (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 1,961,667,000	$ 2,094,826,000
Gross Unrealized Gains	1,202,000	695,000
Gross Unrealized Losses	(292,613,000)	(333,852,000)
Allowance for Credit Losses	0	0
Fair Value	1,670,256,000	1,761,669,000
U.S. Treasury
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	1,984,000	64,097,000
Gross Unrealized Gains	1,000	22,000
Gross Unrealized Losses	0	0
Allowance for Credit Losses	0	0
Fair Value	1,985,000	64,119,000
Obligations of State and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	917,686,000	939,193,000
Gross Unrealized Gains	1,201,000	673,000
Gross Unrealized Losses	(138,247,000)	(162,014,000)
Allowance for Credit Losses	0	0
Fair Value	780,640,000	777,852,000
MBS/CMO
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	811,898,000	846,519,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(119,542,000)	(131,838,000)
Allowance for Credit Losses	0	0
Fair Value	692,356,000	714,681,000
US Gov’t Sponsored Entities & Agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	230,099,000	245,017,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(34,824,000)	(40,000,000)
Allowance for Credit Losses	0	0
Fair Value	$ 195,275,000	$ 205,017,000

Securities - Schedule of Secu_2

Securities - Schedule of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Amortized Cost
Due in one year or less	$ 4,154
Due after one year through five years	14,968
Due after five years through ten years	56,769
Due after ten years	843,779
Amortized Cost	1,961,667	$ 2,094,826
Fair Value
Due in one year or less	4,156
Due after one year through five years	15,055
Due after five years through ten years	55,364
Due after ten years	708,050
Fair Value	1,670,256	1,761,669
MBS/CMO
Amortized Cost
Securities without single maturity	811,898
Amortized Cost	811,898	846,519
Fair Value
Securities without single maturity	692,356
Fair Value	692,356	714,681
US Gov’t Sponsored Entities & Agencies
Amortized Cost
Securities without single maturity	230,099
Amortized Cost	230,099	245,017
Fair Value
Securities without single maturity	195,275
Fair Value	$ 195,275	$ 205,017

Securities - Schedule of Procee

Securities - Schedule of Proceeds from Sales of Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Proceeds from Sales	$ 93,752	$ 91,946
Gross Gains on Sales	2	372
Income Taxes on Gross Gains	$ 0	$ 78

Securities - Narrative (Details

Securities - Narrative (Details)	Mar. 31, 2023 USD ($) investment	Dec. 31, 2022 USD ($) investment	Dec. 31, 2009 USD ($)
Debt Securities, Available-for-sale [Line Items]
Carrying value of securities pledged to secure repurchase agreements, public and trust deposits and other by law	$ 352,712,000	$ 354,123,000
Allowance for credit losses for available-for-sale debt securities	0	0
Accrued interest receivable on available-for-sale debt securities	9,710,000	10,637,000
Original amount in non-controlling investment security in a single banking organization	353,000	$ 353,000	$ 1,350,000
Additional impairment on equity securities recognized through earnings	$ 0		$ 997,000
Equity Securities
Debt Securities, Available-for-sale [Line Items]
Number of non-controlling investments in a single banking organization | investment	1	1

Securities - Schedule of Secu_3

Securities - Schedule of Securities with Unrealized Losses (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	$ 165,489	$ 1,018,313
Less than 12 Months, Unrealized Loss	(7,776)	(177,161)
12 Months or More, Fair Value	1,409,155	603,633
12 Months or More, Unrealized Loss	(284,837)	(156,691)
Total Fair Value	1,574,644	1,621,946
Total Unrealized Loss	(292,613)	(333,852)
U.S. Treasury
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	0	0
Less than 12 Months, Unrealized Loss	0	0
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Loss	0	0
Total Fair Value	0	0
Total Unrealized Loss	0	0
Obligations of State and Political Subdivisions
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	89,866	579,267
Less than 12 Months, Unrealized Loss	(3,578)	(117,423)
12 Months or More, Fair Value	597,155	122,992
12 Months or More, Unrealized Loss	(134,669)	(44,591)
Total Fair Value	687,021	702,259
Total Unrealized Loss	(138,247)	(162,014)
MBS/CMO
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	64,508	240,344
Less than 12 Months, Unrealized Loss	(3,421)	(20,920)
12 Months or More, Fair Value	627,839	474,327
12 Months or More, Unrealized Loss	(116,121)	(110,918)
Total Fair Value	692,347	714,671
Total Unrealized Loss	(119,542)	(131,838)
US Gov’t Sponsored Entities & Agencies
Debt Securities, Available-for-sale [Line Items]
Less than 12 Months, Fair Value	11,115	198,702
Less than 12 Months, Unrealized Loss	(777)	(38,818)
12 Months or More, Fair Value	184,161	6,314
12 Months or More, Unrealized Loss	(34,047)	(1,182)
Total Fair Value	195,276	205,016
Total Unrealized Loss	$ (34,824)	$ (40,000)

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Interest Rate Swaps
Derivatives, Fair Value [Line Items]
Notional amount of derivatives	$ 133,458	$ 134,684

Derivatives - Fair Value Hedges

Derivatives - Fair Value Hedges Included in Consolidated Balance Sheets (Details) - Interest Rate Swaps - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Other Assets
Included in Other Assets:
Interest Rate Swaps, Notional Amount	$ 133,458	$ 134,684
Interest Rate Swaps, Fair Value	7,886	9,899
Other Liabilities
Included in Other Liabilities:
Interest Rate Swaps, Notional Amount	133,458	134,684
Interest Rate Swaps, Fair Value	$ 7,786	$ 9,749

Derivatives - Effects of Deriva

Derivatives - Effects of Derivatives on Consolidated Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest Rate Swaps | Other Operating Income
Derivative [Line Items]
Included in Other Operating Income	$ (50)	$ 214

Loans - Components of Loans (De

Loans - Components of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 3,772,866	$ 3,788,645
Less: Unearned Income	(3,994)	(3,711)
Allowance for Credit Losses	(44,315)	(44,168)	$ (45,078)	$ (37,017)
Loans, Net	3,724,557	3,740,766
Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	608,870	620,106
Allowance for Credit Losses	(13,572)	(13,749)	(12,720)	(9,554)
Commercial Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,000,237	1,966,884
Allowance for Credit Losses	(22,062)	(21,598)	(23,217)	(19,245)
Agricultural Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	378,587	417,413
Allowance for Credit Losses	(3,887)	(4,188)	(4,759)	(4,505)
Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	58,436	56,396
Allowance for Credit Losses	(227)	(209)	(196)	(200)
Home Equity Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	277,576	279,748
Allowance for Credit Losses	(1,415)	(1,344)	(1,207)	(1,061)
Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	80,502	79,904
Allowance for Credit Losses	(609)	(595)	(616)	(507)
Credit Cards
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	18,320	17,512
Allowance for Credit Losses	(263)	(257)	(212)	(240)
Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	350,338	350,682
Allowance for Credit Losses	(2,280)	(2,228)	$ (2,151)	$ (1,705)
Commercial: | Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	608,870	620,106
Commercial: | Commercial Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,000,237	1,966,884
Commercial: | Agricultural Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	378,587	417,413
Commercial: | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	58,436	56,396
Retail: | Home Equity Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	277,576	279,748
Retail: | Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	80,502	79,904
Retail: | Credit Cards
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	18,320	17,512
Retail: | Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 350,338	$ 350,682

Loans - Narrative (Details)

Loans - Narrative (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchase credit deteriorated loans	$ 3,724,557,000	$ 3,740,766,000
Interest income on non-accrual loans	$ 16,000	32,000
Troubled debt restructurings		0
Allowance for troubled debt restructurings		0
Additional lending amount to customers whose loan terms has been modified in troubled debt restructuring		$ 0
Number of loans modified as troubled debt restructurings | loan	0	0
Number of loans modified as troubled debt restructuring subsequently defaulted | loan		0
Threshold amount to individually classify loans by credit risk	$ 250,000
PCD Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchase credit deteriorated loans	$ 18,310,000	$ 21,149,000

Loans - Allowance for Credit Lo

Loans - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 44,168	$ 37,017
Acquisition of Citizens Union Bank of Shelbyville, KY		3,117
Provision (Benefit) for Credit Losses	1,100	5,200
Loans charged-off	(1,238)	(369)
Recoveries collected	285	113
Total ending allowance balance	44,315	45,078
Commercial and Industrial Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	13,749	9,554
Acquisition of Citizens Union Bank of Shelbyville, KY		376
Provision (Benefit) for Credit Losses	501	2,788
Loans charged-off	(733)	(5)
Recoveries collected	55	7
Total ending allowance balance	13,572	12,720
Commercial Real Estate Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	21,598	19,245
Acquisition of Citizens Union Bank of Shelbyville, KY		1,945
Provision (Benefit) for Credit Losses	402	2,095
Loans charged-off	0	(78)
Recoveries collected	62	10
Total ending allowance balance	22,062	23,217
Agricultural Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	4,188	4,505
Acquisition of Citizens Union Bank of Shelbyville, KY		689
Provision (Benefit) for Credit Losses	(301)	(435)
Loans charged-off	0	0
Recoveries collected	0	0
Total ending allowance balance	3,887	4,759
Leases
Allowance for Credit Losses [Roll Forward]
Beginning balance	209	200
Acquisition of Citizens Union Bank of Shelbyville, KY		0
Provision (Benefit) for Credit Losses	18	(4)
Loans charged-off	0	0
Recoveries collected	0	0
Total ending allowance balance	227	196
Consumer Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	595	507
Acquisition of Citizens Union Bank of Shelbyville, KY		2
Provision (Benefit) for Credit Losses	226	225
Loans charged-off	(345)	(210)
Recoveries collected	133	92
Total ending allowance balance	609	616
Home Equity Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	1,344	1,061
Acquisition of Citizens Union Bank of Shelbyville, KY		0
Provision (Benefit) for Credit Losses	54	183
Loans charged-off	(14)	(37)
Recoveries collected	31	0
Total ending allowance balance	1,415	1,207
Credit Cards
Allowance for Credit Losses [Roll Forward]
Beginning balance	257	240
Acquisition of Citizens Union Bank of Shelbyville, KY		0
Provision (Benefit) for Credit Losses	125	7
Loans charged-off	(120)	(39)
Recoveries collected	1	4
Total ending allowance balance	263	212
Residential Mortgage Loans
Allowance for Credit Losses [Roll Forward]
Beginning balance	2,228	1,705
Acquisition of Citizens Union Bank of Shelbyville, KY		105
Provision (Benefit) for Credit Losses	75	341
Loans charged-off	(26)	0
Recoveries collected	3	0
Total ending allowance balance	2,280	2,151
Unallocated
Allowance for Credit Losses [Roll Forward]
Beginning balance	0	0
Acquisition of Citizens Union Bank of Shelbyville, KY		0
Provision (Benefit) for Credit Losses	0	0
Loans charged-off	0	0
Recoveries collected	0	0
Total ending allowance balance	$ 0	$ 0

Loans - Non-Accrual and Past Du

Loans - Non-Accrual and Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	$ 3,837	$ 3,509
Total Non-Accrual	13,495	12,888
Loans Past Due Over 89 Days Still Accruing	1,098	1,427
Commercial and Industrial Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	1,384	1,142
Total Non-Accrual	8,583	7,936
Loans Past Due Over 89 Days Still Accruing	0	1,427
Commercial Real Estate Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	276	49
Total Non-Accrual	1,996	1,950
Loans Past Due Over 89 Days Still Accruing	517	0
Agricultural Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	956	994
Total Non-Accrual	1,312	1,062
Loans Past Due Over 89 Days Still Accruing	581	0
Leases
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	0	0
Total Non-Accrual	0	0
Loans Past Due Over 89 Days Still Accruing	0	0
Home Equity Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	555	262
Total Non-Accrual	665	310
Loans Past Due Over 89 Days Still Accruing	0	0
Consumer Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	6	240
Total Non-Accrual	14	254
Loans Past Due Over 89 Days Still Accruing	0	0
Credit Cards
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	145	146
Total Non-Accrual	145	146
Loans Past Due Over 89 Days Still Accruing	0	0
Residential Mortgage Loans
Financing Receivable, Past Due [Line Items]
Non-Accrual With No Allowance For Credit Loss	515	676
Total Non-Accrual	780	1,230
Loans Past Due Over 89 Days Still Accruing	$ 0	$ 0

Loans - Collateral-dependent Lo

Loans - Collateral-dependent Loans by Class (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 3,772,866	$ 3,788,645
Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	28,281	28,459
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	19,919	20,749
Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1,314	1,575
Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	242	272
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6,806	5,863
Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	608,870	620,106
Commercial and Industrial Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	10,086	9,420
Commercial and Industrial Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,079	2,078
Commercial and Industrial Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	962	1,219
Commercial and Industrial Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	242	272
Commercial and Industrial Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6,803	5,851
Commercial Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2,000,237	1,966,884
Commercial Real Estate Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	11,648	12,228
Commercial Real Estate Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	11,612	12,192
Commercial Real Estate Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	36	36
Commercial Real Estate Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial Real Estate Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Agricultural Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	378,587	417,413
Agricultural Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	5,128	5,262
Agricultural Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4,816	4,944
Agricultural Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	312	318
Agricultural Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Agricultural Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	58,436	56,396
Leases | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Leases | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Leases | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Leases | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Leases | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Home Equity Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	277,576	279,748
Home Equity Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	530	467
Home Equity Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	530	467
Home Equity Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Home Equity Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Home Equity Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	80,502	79,904
Consumer Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	15	22
Consumer Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8	8
Consumer Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4	2
Consumer Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3	12
Credit Cards
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	18,320	17,512
Credit Cards | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Credit Cards | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Credit Cards | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Credit Cards | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Credit Cards | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	350,338	350,682
Residential Mortgage Loans | Total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	874	1,060
Residential Mortgage Loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	874	1,060
Residential Mortgage Loans | Equipment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Residential Mortgage Loans | Accounts Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Residential Mortgage Loans | Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0	$ 0

Loans - Aging of Past Due Loans

Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Total	$ 3,772,866	$ 3,788,645
Total Past Due
Financing Receivable, Past Due [Line Items]
Total	23,821	25,122
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	11,913	10,633
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	932	3,706
Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	10,976	10,783
Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	3,749,045	3,763,523
Commercial and Industrial Loans
Financing Receivable, Past Due [Line Items]
Total	608,870	620,106
Commercial and Industrial Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	8,302	9,234
Commercial and Industrial Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,165	268
Commercial and Industrial Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	221	681
Commercial and Industrial Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	6,916	8,285
Commercial and Industrial Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	600,568	610,872
Commercial Real Estate Loans
Financing Receivable, Past Due [Line Items]
Total	2,000,237	1,966,884
Commercial Real Estate Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	3,354	2,247
Commercial Real Estate Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,870	1,617
Commercial Real Estate Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	121	14
Commercial Real Estate Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,363	616
Commercial Real Estate Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	1,996,883	1,964,637
Agricultural Loans
Financing Receivable, Past Due [Line Items]
Total	378,587	417,413
Agricultural Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	2,856	466
Agricultural Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,465	343
Agricultural Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	69	0
Agricultural Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,322	123
Agricultural Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	375,731	416,947
Leases
Financing Receivable, Past Due [Line Items]
Total	58,436	56,396
Leases | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Leases | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Leases | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Leases | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	0	0
Leases | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	58,436	56,396
Home Equity Loans
Financing Receivable, Past Due [Line Items]
Total	277,576	279,748
Home Equity Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	2,466	2,220
Home Equity Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	1,571	1,770
Home Equity Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	230	140
Home Equity Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	665	310
Home Equity Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	275,110	277,528
Consumer Loans
Financing Receivable, Past Due [Line Items]
Total	80,502	79,904
Consumer Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	319	535
Consumer Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	255	219
Consumer Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	51	64
Consumer Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	13	252
Consumer Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	80,183	79,369
Credit Cards
Financing Receivable, Past Due [Line Items]
Total	18,320	17,512
Credit Cards | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	334	256
Credit Cards | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	150	86
Credit Cards | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	39	24
Credit Cards | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	145	146
Credit Cards | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	17,986	17,256
Residential Mortgage Loans
Financing Receivable, Past Due [Line Items]
Total	350,338	350,682
Residential Mortgage Loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Total	6,190	10,164
Residential Mortgage Loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	5,437	6,330
Residential Mortgage Loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	201	2,783
Residential Mortgage Loans | Greater Than 89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total	552	1,051
Residential Mortgage Loans | Loans Not Past Due
Financing Receivable, Past Due [Line Items]
Total	$ 344,148	$ 340,518

Loans - Risk Category of Loans

Loans - Risk Category of Loans by Class (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 3,772,866		$ 3,788,645
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Total	1,238	$ 369
Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	23,934		158,088
2022-2021	152,250		123,425
2021-2020	109,484		41,375
2020-2019	38,149		47,887
2019-2018	44,561		20,002
Prior	68,956		56,065
Revolving Loans Amortized Cost Basis	171,536		173,264
Total	608,870		620,106
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	520
2021	32
2020	30
2019	0
Prior	50
Revolving Loans Amortized Cost Basis	101
Total	733	5
Commercial Real Estate Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	64,742		402,613
2022-2021	418,921		496,943
2021-2020	495,371		266,563
2020-2019	255,212		164,251
2019-2018	160,499		143,819
Prior	571,760		457,532
Revolving Loans Amortized Cost Basis	33,732		35,163
Total	2,000,237		1,966,884
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0	78
Agricultural Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	12,228		63,307
2022-2021	61,372		48,734
2021-2020	47,000		54,049
2020-2019	52,128		30,009
2019-2018	27,619		24,168
Prior	127,307		108,974
Revolving Loans Amortized Cost Basis	50,933		88,172
Total	378,587		417,413
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0	0
Leases
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	8,085		20,057
2022-2021	8,904		14,461
2021-2020	13,392		9,648
2020-2019	18,227		8,901
2019-2018	7,050		1,851
Prior	2,778		1,478
Revolving Loans Amortized Cost Basis	0		0
Total	58,436		56,396
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	0	$ 0
Pass | Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	23,934		156,318
2022-2021	151,024		117,648
2021-2020	103,507		39,949
2020-2019	36,957		46,505
2019-2018	42,665		18,423
Prior	64,882		51,482
Revolving Loans Amortized Cost Basis	155,521		154,203
Total	578,490		584,528
Pass | Commercial Real Estate Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	64,742		398,631
2022-2021	414,758		490,747
2021-2020	488,827		261,462
2020-2019	249,845		162,701
2019-2018	158,968		129,151
Prior	530,615		427,433
Revolving Loans Amortized Cost Basis	33,620		35,163
Total	1,941,375		1,905,288
Pass | Agricultural Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	10,620		62,673
2022-2021	61,039		47,682
2021-2020	45,959		47,355
2020-2019	45,512		25,431
2019-2018	24,363		21,728
Prior	109,918		92,344
Revolving Loans Amortized Cost Basis	47,769		83,862
Total	345,180		381,075
Pass | Leases
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	8,085		20,057
2022-2021	8,904		14,461
2021-2020	13,392		9,648
2020-2019	18,227		8,901
2019-2018	7,050		1,851
Prior	2,778		1,478
Revolving Loans Amortized Cost Basis	0		0
Total	58,436		56,396
Special Mention | Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		56
2022-2021	55		148
2021-2020	574		577
2020-2019	713		78
2019-2018	673		551
Prior	1,649		2,346
Revolving Loans Amortized Cost Basis	1,990		1,672
Total	5,654		5,428
Special Mention | Commercial Real Estate Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		3,982
2022-2021	3,953		1,568
2021-2020	1,413		4,612
2020-2019	4,816		135
2019-2018	133		13,689
Prior	35,707		25,371
Revolving Loans Amortized Cost Basis	0		0
Total	46,022		49,357
Special Mention | Agricultural Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	1,608		634
2022-2021	333		842
2021-2020	833		6,066
2020-2019	5,991		4,149
2019-2018	2,837		2,355
Prior	12,289		11,440
Revolving Loans Amortized Cost Basis	3,139		4,310
Total	27,030		29,796
Special Mention | Leases
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	0		0
Substandard | Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		1,714
2022-2021	1,171		5,629
2021-2020	5,403		849
2020-2019	479		1,304
2019-2018	1,223		1,028
Prior	2,425		2,237
Revolving Loans Amortized Cost Basis	14,025		17,389
Total	24,726		30,150
Substandard | Commercial Real Estate Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	210		4,628
2021-2020	5,131		489
2020-2019	551		1,415
2019-2018	1,398		979
Prior	5,438		4,728
Revolving Loans Amortized Cost Basis	112		0
Total	12,840		12,239
Substandard | Agricultural Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		210
2021-2020	208		628
2020-2019	625		429
2019-2018	419		85
Prior	5,100		5,190
Revolving Loans Amortized Cost Basis	25		0
Total	6,377		6,542
Substandard | Leases
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	0		0
Doubtful | Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	0		0
Doubtful | Commercial Real Estate Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	0		0
Doubtful | Agricultural Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	0		0
Doubtful | Leases
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		0
2021-2020	0		0
2020-2019	0		0
2019-2018	0		0
Prior	0		0
Revolving Loans Amortized Cost Basis	0		0
Total	$ 0		$ 0

Loans - Residential, Home Equit

Loans - Residential, Home Equity and Consumer Loans Based on Payment Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 3,772,866		$ 3,788,645
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
Total	1,238	$ 369
Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	13,674		42,688
2022-2021	38,477		22,727
2021-2020	16,607		5,822
2020-2019	4,814		2,402
2019-2018	1,969		1,545
Prior	2,752		1,563
Revolving Loans Amortized Cost Basis	2,209		3,157
Total	80,502		79,904
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	179
2022	126
2021	20
2020	16
2019	3
Prior	1
Revolving Loans Amortized Cost Basis	0
Total	345	210
Consumer Loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	13,674		42,685
2022-2021	38,471		22,708
2021-2020	16,603		5,610
2020-2019	4,811		2,394
2019-2018	1,969		1,543
Prior	2,751		1,553
Revolving Loans Amortized Cost Basis	2,209		3,157
Total	80,488		79,650
Consumer Loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		3
2022-2021	6		19
2021-2020	4		212
2020-2019	3		8
2019-2018	0		2
Prior	1		10
Revolving Loans Amortized Cost Basis	0		0
Total	14		254
Home Equity Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		63
2022-2021	114		20
2021-2020	424		0
2020-2019	91		0
2019-2018	68		19
Prior	1,084		592
Revolving Loans Amortized Cost Basis	275,795		279,054
Total	277,576		279,748
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	4
Revolving Loans Amortized Cost Basis	10
Total	14	37
Home Equity Loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		63
2022-2021	74		0
2021-2020	153		0
2020-2019	91		0
2019-2018	0		0
Prior	861		591
Revolving Loans Amortized Cost Basis	275,732		278,784
Total	276,911		279,438
Home Equity Loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	40		20
2021-2020	271		0
2020-2019	0		0
2019-2018	68		19
Prior	223		1
Revolving Loans Amortized Cost Basis	63		270
Total	665		310
Residential Mortgage Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	12,701		69,982
2022-2021	69,799		97,337
2021-2020	93,346		47,104
2020-2019	45,172		20,080
2019-2018	19,376		16,742
Prior	109,944		99,437
Revolving Loans Amortized Cost Basis	0		0
Total	350,338		350,682
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	0
2021	21
2020	5
2019	0
Prior	0
Revolving Loans Amortized Cost Basis	0
Total	26	0
Residential Mortgage Loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	12,701		69,982
2022-2021	69,799		97,176
2021-2020	93,206		46,851
2020-2019	44,964		20,080
2019-2018	19,267		16,664
Prior	109,621		98,699
Revolving Loans Amortized Cost Basis	0		0
Total	349,558		349,452
Residential Mortgage Loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	0		0
2022-2021	0		161
2021-2020	140		253
2020-2019	208		0
2019-2018	109		78
Prior	323		738
Revolving Loans Amortized Cost Basis	0		0
Total	780		1,230
Commercial and Industrial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023-2022	23,934		158,088
2022-2021	152,250		123,425
2021-2020	109,484		41,375
2020-2019	38,149		47,887
2019-2018	44,561		20,002
Prior	68,956		56,065
Revolving Loans Amortized Cost Basis	171,536		173,264
Total	608,870		$ 620,106
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
2023	0
2022	520
2021	32
2020	30
2019	0
Prior	50
Revolving Loans Amortized Cost Basis	101
Total	$ 733	$ 5

Loans - Recorded Investment in

Loans - Recorded Investment in Credit Cards Based on Payment Activity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 3,772,866	$ 3,788,645
Credit Cards
Financing Receivable, Credit Quality Indicator [Line Items]
Total	18,320	17,512
Credit Cards | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Total	18,175	17,366
Credit Cards | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 145	$ 146

Loans - Loans Purchased and_or

Loans - Loans Purchased and/or Sold During the Year by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	$ 0	$ 933
Sales	0	3,916
Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	522
Sales	0	0
Commercial Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	411
Sales	0	3,819
Agricultural Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	0	97
Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	0	0
Consumer Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	0	0
Home Equity Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	0	0
Credit Cards
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	0	0
Residential Mortgage Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchases	0	0
Sales	$ 0	$ 0

Repurchase Agreements Account_2

Repurchase Agreements Accounted for as Secured Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Collateralized Mortgage Backed Securities | Maturity Overnight | FHLB Advances and Other Borrowings
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Repurchased agreements	$ 58,323	$ 64,961

Segment Information - Narrative

Segment Information - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 banking_office segment
Segment Reporting [Abstract]
Number of operating segments | segment	3
Number of banking offices | banking_office	77

Segment Information - Segment F

Segment Information - Segment Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net Interest Income	$ 49,009	$ 46,908
Net Gains on Sales of Loans	587	1,421
Net Gains on Securities	2	372
Wealth Management Fees	2,644	2,638
Insurance Revenues	3,135	3,721
Noncash Items:
Provision (Benefit) for Credit Losses	1,100	5,200
Depreciation and Amortization	2,429	2,654
Income Tax Expense (Benefit)	4,453	669
Segment Profit (Loss)	20,807	9,067
Segment Assets	5,996,919		$ 6,155,991
Operating Segments | Core Banking
Segment Reporting Information [Line Items]
Net Interest Income	50,141	47,665
Net Gains on Sales of Loans	587	1,421
Net Gains on Securities	2	372
Wealth Management Fees	2	1
Insurance Revenues	1	27
Noncash Items:
Provision (Benefit) for Credit Losses	1,100	5,200
Depreciation and Amortization	2,293	2,518
Income Tax Expense (Benefit)	4,401	616
Segment Profit (Loss)	20,565	8,429
Segment Assets	5,990,410		6,152,346
Operating Segments | Wealth Management Services
Segment Reporting Information [Line Items]
Net Interest Income	25	5
Net Gains on Sales of Loans	0	0
Net Gains on Securities	0	0
Wealth Management Fees	2,642	2,637
Insurance Revenues	17	1
Noncash Items:
Provision (Benefit) for Credit Losses	0	0
Depreciation and Amortization	10	10
Income Tax Expense (Benefit)	130	204
Segment Profit (Loss)	606	640
Segment Assets	9,260		8,846
Operating Segments | Insurance
Segment Reporting Information [Line Items]
Net Interest Income	14	3
Net Gains on Sales of Loans	0	0
Net Gains on Securities	0	0
Wealth Management Fees	0	0
Insurance Revenues	3,117	3,693
Noncash Items:
Provision (Benefit) for Credit Losses	0	0
Depreciation and Amortization	12	12
Income Tax Expense (Benefit)	227	450
Segment Profit (Loss)	1,061	1,429
Segment Assets	15,346		14,706
Other
Segment Reporting Information [Line Items]
Net Interest Income	(1,171)	(765)
Net Gains on Sales of Loans	0	0
Net Gains on Securities	0	0
Wealth Management Fees	0	0
Insurance Revenues	0	0
Noncash Items:
Provision (Benefit) for Credit Losses	0	0
Depreciation and Amortization	114	114
Income Tax Expense (Benefit)	(305)	(601)
Segment Profit (Loss)	(1,425)	$ (1,431)
Segment Assets	$ (18,097)		$ (19,907)

Stock Repurchase Plan (Details)

Stock Repurchase Plan (Details) - shares		14 Months Ended
	Jan. 31, 2022	Mar. 31, 2023
2022 Repurchase Plan
Equity, Class of Treasury Stock [Line Items]
Common stock, shares purchased (in shares)		0
Common Stock | 2022 Repurchase Plan
Equity, Class of Treasury Stock [Line Items]
Common stock, authorized shares repurchase (up to) (in shares)	1,000,000
Common stock, percentage of Company's outstanding shares authorized for repurchase	3%
Common Stock | 2021 Repurchase Plan
Equity, Class of Treasury Stock [Line Items]
Common stock, authorized shares repurchase (up to) (in shares)	1,000,000
Common stock, shares purchased (in shares)		0

Equity Plans and Equity Based_3

Equity Plans and Equity Based Compensation - Narrative (Details)		3 Months Ended		12 Months Ended		21 Months Ended	27 Months Ended
	Oct. 01, 2019 shares	Mar. 31, 2023 USD ($) plan shares	Mar. 31, 2022 USD ($) shares	Dec. 31, 2020	Dec. 31, 2019 installment	Sep. 30, 2022	Mar. 31, 2023 USD ($) plan shares	Dec. 31, 2022 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of equity incentive plans | plan		2					2
Number of options granted (in shares) | shares		0	0
Stock compensation expense		$ 182,000	$ 165,000
Stock compensation expense, net of tax		$ 534,000	436,000
Outstanding stock options (in shares) | shares		0					0	0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense		$ 0	0
Unrecognized compensation expense		0	0				$ 0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		$ 5,516,000	$ 5,005,000				$ 5,516,000
Awards granted during period percentage				66.67%	60%
Awards granted cash credit entitlement percentage				33.33%	40%
Number of annual vesting installments | installment					3
Restricted stock granted during period (in shares) | shares		80,390	63,258
Unvested restricted stock awards (in shares) | shares		145,212					145,212	74,873
Restricted Stock | Executive Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted during period percentage							100%
Restricted Stock | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage							100%
Restricted Stock | Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage				100%	33.33%
Restricted Stock | Vesting Period One | Executive Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage						33.33%
Restricted Stock | Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage				50%
Restricted Stock | Vesting Period Two | Executive Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage						33.33%
Restricted Stock | Vesting Period Three | Executive Officers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage						33.33%
2009 Long-Term Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved for new grants (in shares) | shares		0					0
2009 Long-Term Equity Incentive Plan | Restricted Stock | Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage					33.33%
2009 Long-Term Equity Incentive Plan | Restricted Stock | Vesting Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting percentage				50%	33.33%
2019 LTI Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for issuance (in shares) | shares		1,000,000					1,000,000
2019 ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved for new grants (in shares) | shares	750,000
Offering periods (in months)	3 months
Purchase price percentage	95%
2009 ESPP | Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense		$ 12,000	$ 14,000
Unrecognized compensation expense		0	0				$ 0
Stock compensation expense, net of tax		$ 9,000	$ 11,000

Equity Plans and Equity Based_4

Equity Plans and Equity Based Compensation - Expense Recorded for Restricted Stock and Cash Entitlements (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]
Restricted Stock Expense	$ 539	$ 424
Cash Entitlement Expense	182	165
Tax Effect	(187)	(153)
Net of Tax	$ 534	$ 436

Fair Value - Narrative (Details

Fair Value - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Loans Held-for-sale
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
(Losses)/gains from changes in fair value included in earnings	$ (29)	$ (40)
Fair Value, Measurements, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	1,670,256		$ 1,761,669
Fair Value, Measurements, Recurring | Obligations of State and Political Subdivisions
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	780,640		777,852
Fair Value, Measurements, Recurring | MBS/CMO
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	692,356		714,681
Significant Unobservable  Inputs (Level 3) | Fair Value, Measurements, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	1,000		989
Significant Unobservable  Inputs (Level 3) | Fair Value, Measurements, Recurring | Obligations of State and Political Subdivisions
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	83		83
Losses from changes in fair value included in other comprehensive income	0	0
Significant Unobservable  Inputs (Level 3) | Fair Value, Measurements, Recurring | MBS/CMO
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value of securities held	917		$ 906
Losses from changes in fair value included in other comprehensive income	$ 11	$ 0

Fair Value - Assets and Liabili

Fair Value - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Loans Held-for-Sale	$ 6,011	$ 8,600
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,670,256	1,761,669
Loans Held-for-Sale	6,011	8,600
Derivative Assets	7,886	9,899
Derivative Liabilities	7,786	9,749
Fair Value, Measurements, Recurring | U.S. Treasury
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,985	64,119
Fair Value, Measurements, Recurring | Obligations of State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	780,640	777,852
Fair Value, Measurements, Recurring | MBS/CMO
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	692,356	714,681
Fair Value, Measurements, Recurring | US Gov’t Sponsored Entities & Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	195,275	205,017
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,985	64,119
Loans Held-for-Sale	0	0
Derivative Assets	0	0
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,985	64,119
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Obligations of State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | MBS/CMO
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | US Gov’t Sponsored Entities & Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,667,271	1,696,561
Loans Held-for-Sale	6,011	8,600
Derivative Assets	7,886	9,899
Derivative Liabilities	7,786	9,749
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | U.S. Treasury
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Obligations of State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	780,557	777,769
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | MBS/CMO
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	691,439	713,775
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | US Gov’t Sponsored Entities & Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	195,275	205,017
Fair Value, Measurements, Recurring | Significant Unobservable  Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	1,000	989
Loans Held-for-Sale	0	0
Derivative Assets	0	0
Derivative Liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable  Inputs (Level 3) | U.S. Treasury
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable  Inputs (Level 3) | Obligations of State and Political Subdivisions
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	83	83
Fair Value, Measurements, Recurring | Significant Unobservable  Inputs (Level 3) | MBS/CMO
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	917	906
Fair Value, Measurements, Recurring | Significant Unobservable  Inputs (Level 3) | US Gov’t Sponsored Entities & Agencies
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Securities	$ 0	$ 0

Fair Value - Aggregate Fair Val

Fair Value - Aggregate Fair Value, Contractual Balance and Gain or Loss of Loans Held-for-Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Aggregate Fair Value	$ 6,011	$ 8,600
Contractual Balance	5,914	8,474
Gain (Loss)	$ 97	$ 126

Fair Value - Reconciliation of

Fair Value - Reconciliation of all Assets Measured at Fair Value on Recurring Basis, Using Significant Unobservable Inputs (Level 3) (Details) - Fair Value, Measurements, Recurring - Significant Unobservable  Inputs (Level 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Obligations of State and Political Subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance of Recurring Level 3 Assets	$ 83	$ 0
Total Gains Included in Other Comprehensive Income	0	0
Maturities / Calls	0	0
Acquired through Bank Acquisition	0	100
Ending Balance of Recurring Level 3 Assets	83	100
MBS/CMO
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance of Recurring Level 3 Assets	906	0
Total Gains Included in Other Comprehensive Income	11	0
Maturities / Calls	0	0
Acquired through Bank Acquisition	0	0
Ending Balance of Recurring Level 3 Assets	$ 917	$ 0

Fair Value - Assets and Liabi_2

Fair Value - Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Details) - Fair Value, Measurements, Nonrecurring - Individually Analyzed Loans - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	$ 1,737	$ 1,858
Commercial Real Estate Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	8,957	10,040
Agricultural Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	2,909	2,970
Consumer Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	9	8
Home Equity Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	406	368
Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	555	718
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial Real Estate Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Agricultural Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Consumer Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Home Equity Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Commercial Real Estate Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Agricultural Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Consumer Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Home Equity Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Other Observable Inputs (Level 2) | Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	0	0
Significant Unobservable  Inputs (Level 3) | Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	1,737	1,858
Significant Unobservable  Inputs (Level 3) | Commercial Real Estate Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	8,957	10,040
Significant Unobservable  Inputs (Level 3) | Agricultural Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	2,909	2,970
Significant Unobservable  Inputs (Level 3) | Consumer Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	9	8
Significant Unobservable  Inputs (Level 3) | Home Equity Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	406	368
Significant Unobservable  Inputs (Level 3) | Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Assets	$ 555	$ 718

Fair Value - Quantitative Infor

Fair Value - Quantitative Information of Fair Value Measurements (Details) - Significant Unobservable  Inputs (Level 3) - Individually Analyzed Loans $ in Thousands	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Commercial and Industrial Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0	0
Commercial and Industrial Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1	1
Commercial and Industrial Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.41	0.40
Commercial Real Estate Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.25	0.30
Commercial Real Estate Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.68	1
Commercial Real Estate Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.37	0.37
Agricultural Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.30	0.30
Agricultural Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1	1
Agricultural Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.49	0.48
Consumer Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.20	0.27
Consumer Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1	1
Consumer Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.20	0.20
Home Equity Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.20	0.20
Home Equity Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1	0.51
Home Equity Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.31	0.20
Residential Mortgage Loans | Adjustment for physical condition of comparable properties sold | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.20	0.20
Residential Mortgage Loans | Adjustment for physical condition of comparable properties sold | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1	1
Residential Mortgage Loans | Adjustment for physical condition of comparable properties sold | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.20	0.21
Fair Value, Measurements, Nonrecurring | Commercial and Industrial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 1,737	$ 1,858
Fair Value, Measurements, Nonrecurring | Commercial Real Estate Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	8,957	10,040
Fair Value, Measurements, Nonrecurring | Agricultural Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2,909	2,970
Fair Value, Measurements, Nonrecurring | Consumer Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	9	8
Fair Value, Measurements, Nonrecurring | Home Equity Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	406	368
Fair Value, Measurements, Nonrecurring | Residential Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 555	$ 718

Fair Value - Carrying Amounts a

Fair Value - Carrying Amounts and Estimated Fair Values of Company's Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial Assets:
Interest Bearing Time Deposits with Banks	$ 500	$ 500
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(5,154,895)	(5,350,051)
Time Deposits	(514,296)	(428,469)
Carrying Value
Financial Assets:
Cash and Short-term Investments	80,295	119,079
Interest Bearing Time Deposits with Banks	500	500
Loans, Net	3,709,984	3,724,804
Accrued Interest Receivable	26,279	27,741
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(4,640,599)	(4,921,582)
Time Deposits	(514,296)	(428,469)
Short-term Borrowings	(88,324)	(101,161)
Long-term Debt	(102,728)	(102,645)
Accrued Interest Payable	(2,841)	(1,513)
Estimate of Fair Value Measurement
Financial Assets:
Cash and Short-term Investments	80,295	119,079
Interest Bearing Time Deposits with Banks	500	500
Loans, Net	3,622,113	3,688,903
Accrued Interest Receivable	26,279	27,741
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(4,640,599)	(4,921,582)
Time Deposits	(510,596)	(426,184)
Short-term Borrowings	(88,324)	(101,161)
Long-term Debt	(99,806)	(99,102)
Accrued Interest Payable	(2,841)	(1,513)
Estimate of Fair Value Measurement | Level 1
Financial Assets:
Cash and Short-term Investments	70,506	77,174
Interest Bearing Time Deposits with Banks	0	0
Loans, Net	0	0
Accrued Interest Receivable	0	38
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(4,640,599)	(4,921,582)
Time Deposits	0	0
Short-term Borrowings	(30,000)	(36,200)
Long-term Debt	0	0
Accrued Interest Payable	0	0
Estimate of Fair Value Measurement | Level 2
Financial Assets:
Cash and Short-term Investments	9,789	41,905
Interest Bearing Time Deposits with Banks	500	500
Loans, Net	0	0
Accrued Interest Receivable	10,038	10,863
Financial Liabilities:
Demand, Savings, and Money Market Deposits	0	0
Time Deposits	(510,596)	(426,184)
Short-term Borrowings	(58,324)	(64,961)
Long-term Debt	(27,006)	(26,830)
Accrued Interest Payable	(2,511)	(1,205)
Estimate of Fair Value Measurement | Level 3
Financial Assets:
Cash and Short-term Investments	0	0
Interest Bearing Time Deposits with Banks	0	0
Loans, Net	3,622,113	3,688,903
Accrued Interest Receivable	16,241	16,840
Financial Liabilities:
Demand, Savings, and Money Market Deposits	0	0
Time Deposits	0	0
Short-term Borrowings	0	0
Long-term Debt	(72,800)	(72,272)
Accrued Interest Payable	$ (330)	$ (308)

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) - Changes in AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balances	$ 558,393	$ 668,459
Other Comprehensive Income (Loss) Before Reclassification	32,948	(133,591)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(2)	(294)
Total Other Comprehensive Income (Loss)	32,946	(133,885)
Ending Balances	605,331	649,036
Total
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balances	(263,438)	15,484
Total Other Comprehensive Income (Loss)	32,946	(133,885)
Ending Balances	(230,492)	(118,401)
Unrealized Gains and Losses on Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balances	(262,924)	16,052
Other Comprehensive Income (Loss) Before Reclassification	32,948	(133,591)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	(2)	(294)
Total Other Comprehensive Income (Loss)	32,946	(133,885)
Ending Balances	(229,978)	(117,833)
Postretirement Benefit Items
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning Balances	(514)	(568)
Other Comprehensive Income (Loss) Before Reclassification	0	0
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)	0	0
Total Other Comprehensive Income (Loss)	0	0
Ending Balances	$ (514)	$ (568)

Other Comprehensive Income (L_4

Other Comprehensive Income (Loss) - Classifications out of AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net Gains on Securities	$ 2	$ 372
Income Tax Expense	(4,453)	(669)
NET INCOME	20,807	9,067
Total Reclassifications	2	294
Amount Reclassified From Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total Reclassifications	2	294
Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Amount Reclassified From Accumulated Other Comprehensive Income (Loss)
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net Gains on Securities	2	372
Income Tax Expense	0	(78)
NET INCOME	2	294
Total Reclassifications	$ 2	$ 294

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Non-interest Income (out-of-scope of Topic 606)	$ 1,448	$ 2,761
TOTAL NON-INTEREST INCOME	14,967	16,188
Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	13,519	13,427
Wealth Management Fees
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	2,644	2,638
Wealth Management Fees | Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	2,644	2,638
Service Charges on Deposit Accounts
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	2,788	2,683
Service Charges on Deposit Accounts | Transferred at Point in Time | Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	2,788	2,683
Insurance Revenues
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	3,135	3,721
Insurance Revenues | Transferred over Time | Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	3,135	3,721
Interchange Fee Income
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	4,199	3,627
Interchange Fee Income | Transferred at Point in Time | Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	4,199	3,627
Other Operating Income | Transferred at Point in Time | Accounting Standards Update 2014-09
Disaggregation of Revenue [Line Items]
Non-interest Income (in-scope of Topic 606)	$ 753	$ 758

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Finance Lease Cost:
Amortization of Right-of -Use Assets	$ 52	$ 52
Interest on Lease Liabilities	78	83
Operating Lease Cost	373	369
Short-term Lease Cost	0	24
Total Lease Cost	$ 503	$ 528

Leases - Weighted Average Lease

Leases - Weighted Average Lease Term and Discount Rates (Details)	Mar. 31, 2023	Mar. 31, 2022
Weighted Average Remaining Lease Term:
Finance Lease, Weighted Average Remaining Lease Term (in years)	4 years	10 years
Operating Lease, Weighted Average Remaining Lease Term (in years)	7 years	8 years
Weighted Average Discount Rate:
Finance Leases	7.58%	11.44%
Operating Leases	2.82%	2.90%

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Finance Leases
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Premises, Furniture and Equipment, Net	Premises, Furniture and Equipment, Net
Premises, Furniture and Equipment, Net	$ 1,805	$ 2,015
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Borrowings	Other Borrowings
Other Borrowings	$ 2,806	$ 3,004
Operating Leases
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Accrued Interest Receivable and Other Assets	Accrued Interest Receivable and Other Assets
Operating Lease Right-of-Use Assets	$ 5,971	$ 7,128
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued Interest Payable and Other Liabilities	Accrued Interest Payable and Other Liabilities
Operating Lease Liabilities	$ 6,127	$ 7,249

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts in the Measurement of Lease liabilities:
Operating Cash Flows from Finance Leases	$ 78	$ 83
Operating Cash Flows from Operating Leases	366	337
Financing Cash Flows from Finance Leases	$ 50	$ 45

Leases - Maturity of Finance an

Leases - Maturity of Finance and Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Finance Leases
Year 1	$ 519
Year 2	519
Year 3	519
Year 4	519
Year 5	465
Thereafter	1,838
Total Lease Payments	4,379
Less Imputed Interest	(1,573)
Total	2,806	$ 3,004
Operating Leases
Year 1	1,325
Year 2	1,159
Year 3	951
Year 4	800
Year 5	645
Thereafter	1,953
Total Lease Payments	6,833
Less Imputed Interest	(706)
Total	$ 6,127	$ 7,249